Editor's PiCK

Michael Saylor Hints at Bitcoin Purchase Despite Geopolitical Crisis

Source
Uk Jin

Summary

  • Michael Saylor, CEO of Strategy, made remarks hinting at additional Bitcoin purchases.
  • He indicated his intention to buy despite the geopolitical crisis caused by the conflict between Israel and Iran.
  • Although the Bitcoin price is currently showing a downward trend, the market is focused on Saylor’s buying moves.

Strategy (formerly MicroStrategy) is expected to make additional purchases of Bitcoin (BTC).

On the 15th (local time), Michael Saylor, CEO of Strategy, posted the 'Saylor Tracker Chart' on X (formerly Twitter), stating, "Bigger dots are better."

Saylor CEO has a habit of posting the Saylor Tracker chart right before Strategy purchases Bitcoin.

Recently, despite the volatility in the prices of virtual assets (cryptocurrencies) including Bitcoin amid ongoing conflicts between Israel and Iran, he has once again signaled plans to buy Bitcoin.

As of 6:24 AM (KST) on the 16th, Bitcoin is trading at $104,781 on CoinMarketCap, down 0.22% from the previous day. After trading sideways between $107,000 and $108,000, Bitcoin has been showing continued weakness since last Friday when Israel carried out airstrikes on Tehran, the capital of Iran.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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