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Michael Saylor, boss of the biggest Bitcoin-powered company, Strategy, has addressed the community with a regular BTC-themed message.
This time, he has added some technical adjustments to his orange-pill tweets and dropped a hint on the current global instability that has been extensively growing in the past few days.
Saylor names Bitcoin's crucial feature
This time, Saylor published an animated GIF depicting Michael Saylor as a sailor on a yacht, dressed in a regular business suit with an orange tie. The sail of the yacht is also orange — this color is associated with the world’s flagship cryptocurrency, Bitcoin.
“₿e Free,” he tweeted, turning the “B” into a Bitcoin symbol, thus stressing a crucial Bitcoin feature — he believes it can provide financial freedom and independence. Earlier this week, Saylor published an AI-generated image that depicted him as a boxer waiting to fight in a ring. The tweet read: “Sometimes you need to fight for Bitcoin.”
Meanwhile, Saylor’s company, Strategy, continues to stack Bitcoin. This Monday, the company stunned the community by announcing a tremendous $1.05 billion accumulation as it grabbed 10,100 BTC. Now, Strategy holds more than $61 billion worth of Bitcoin, which is 592,000 Bitcoin.
Bitcoin recovers after brief plunge
On Wednesday, Bitcoin plummeted 1.22%, landing at $103,530 after Federal Reserve Chairman Jerome Powell announced that the Federal Reserve intends to keep the interest rate unchanged. Many crypto influencers were disappointed. Anthony Pompliano tweeted that this decision was “ridiculous.”
The last time Powell announced the same thing, President Trump also reacted negatively, believing that interest rates should have been cut down extensively. Several times, he hinted that he would soon replace the Federal Reserve chairman. But Powell so far remains in his position.
However, Bitcoin quickly regained the loss, rising back to the $104,800 price level. The biggest Bitcoin decline this week took place on Monday as it tumbled by 4.79%, losing $108,820 and reaching $103,680. The plunge was driven by a rapid escalation of the military developments in the Middle East. In total, BTC tested this support level twice this week, but eventually it sprang back upward.
Vladislav Sopov
U.Today Editorial Team