Michael Saylor Celebrates Bitcoin Surge as Strategy Adds $285.8M in BTC
Bitcoin Surges as Michael Saylor Celebrates
Michael Saylor, Bitcoin evangelist and executive chairman of Strategy, has expressed optimism as Bitcoin surpassed the $86,000 mark, rising 2.83% in recent hours. Saylor, known for his bullish stance, tweeted “Meet me at the top,” signaling his confidence in Bitcoin’s continued ascent. This comes as Strategy announced the acquisition of 3,459 Bitcoins, valued at $285.8 million, boosting its total BTC holdings to 531,644 coins, worth over $45.5 billion.
Analyst Predicts New Bitcoin ATH This Quarter
Top analyst Michael van de Poppe suggests Bitcoin could reach a new all-time high within the next three months. He cites the rapid growth of the M2 money supply, which includes cash and deposits, as a key driver. Historical data shows a strong correlation between M2 growth and Bitcoin price increases, with Bitcoin previously reaching an all-time high of $109,000 during Donald Trump’s inauguration in January.
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