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Michael Saylor Doubles Down on His Strong Bitcoin Strategy in Just 4 Words
Michael Saylor, a Bitcoin evangelist and the executive chairman of the Bitcoin treasury company Strategy (widely known as MicroStrategy in the past), has taken to his X account to send yet another daily BTC message to the millions of his followers.
In what has already become a tradition, Saylor posted an AI-generated image of himself with Bitcoin attributes. This time, it is an orange tie, since this is the color associated with the flagship cryptocurrency.
The image depicts Saylor dressed in a business suit and enjoying himself in a cafe. There are a cup of coffee and a croissant on a plate on the table his sitting at. “Just Bitcoin for breakfast,” the caption says, likely underscoring Saylor’s choice of BTC as the strategic asset for his company.
At the start of the week, Michael Saylor announced another major Bitcoin accumulation conducted by Strategy. He talked about an amount of 6,220 BTC worth roughly $740 million and bought at about $118,940 per Bitcoin. After adding this crypto chunk, Strategy maintains the status of the second-largest Bitcoin holder after BlackRock’s IBIT spot Bitcoin ETF and holds a total of 607,770 Bitcoin valued at $71,741,535,462.
On Wednesday, Saylor also presented to the Bitcoin community the so-called “Bitcoin Defense Department” of his company – a pentacle, which looks like the Pentagon building from above, where each corner is named by preferred shares issued by Strategy to fund further Bitcoin acquisition – STRF, STRK, STRD, MSTR, and, finally, the recently launched STRC (“Stretch”).