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Michael Saylor, prominent Bitcoin proponent and executive chairman of Bitcoin treasury company Strategy (formerly known as MicroStrategy), has published a tweet to reassure the global crypto community of his long-term bullish stance on the digital gold – Bitcoin.
His tweet was published after Bitcoin displayed an impressive 5% recovery in the past 24 hours, surging close to the $106,000 level. Saylor’s tweet may seem a little cryptic as it speaks about “Land’s End.”
Saylor's cryptic Bitcoin "Land's End" tweet
Saylor continues his recent tradition of publishing AI-generated images of himself with elements directly or indirectly related to Bitcoin. This time the image depicts Saylor standing on a rocky seashore with his back against a black car. He is wearing an orange tie, symbolizing Bitcoin.
The caption states: “Meet me at Land’s End.” This is an iconic landmark and holiday complex for tourists in western Cornwall, in the U.K. Tourists from around the world visit this place to observe wildlife in the sea and rare birds. This could be a hint that Saylor is inviting everyone to just buy Bitcoin and hold it, and watch the market volatility like a tourist rather than a participant.
Strategy boosts its Bitcoin stash by $26 million
On Monday, Saylor thrilled the community about Strategy acquiring yet another Bitcoin batch of 245 BTC for approximately $26 million. After this acquisition, the company holds 592,345 BTC worth $62,278,205. The price recently increased 5%. Last Monday, the company spread the word about acquiring $1 billion worth of BTC – 10,100 coins.
Over the past 24 hours, Bitcoin soared from $100,750 to $105,780 after the new positive development in the Middle East as the military escalation seems to have diminished. Bitcoin reacted to that immediately by logging a massive daily surge. At press time, BTC is changing hands at $105,215 per coin.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team