MicroStrategy's Saylor Reacts to Bitcoin Skyrocketing Above $80K

by Marco Stracke

Bitcoin, the main cryptocurrency by market capitalization, has reached one more all-time excessive of $80,772 on the Bitstamp alternate.

The main cryptocurrency has surged by nearly 6% over the past 24 hours.

Ragged MicroStrategy CEO Michael Saylor has already reacted to the cryptocurrency’s most stylish milestone by posting Lil Bubble’s tune tune called “There Is No 2d Most efficient” on his social media profile.

The iconic catchphrase that inspired the tune no longer too long ago became four. It used to be first former by Saylor in a single of his movies, whereby he advocated for Bitcoin maximalism.

The general value of MicroStrategy’s Bitcoin holdings has now surpassed a whopping $20.3 billion following the cryptocurrency’s most most stylish mark surge.

MicroStrategy’s playbook has since been adopted by another companies, including mining big Marathon Digital.

After Bitcoin surpassed $80,000 for the first time earlier these days, Marathon Digital CEO Peter Thiel taunted German officials after Saxony went on a wide Bitcoin selling spree earlier this One year. He estimated that the German issue had uncared for out on $1.3 billion value of profits by refusing to retain their coins.

“With bitcoin peaking spherical $80K recent ATH these days, I shock how the officials in Germany feel about having purchased their nearly 50,000 bitcoin at spherical $53K per BTC in July … hmmmm…that about a $1.3B distinction,” Thiel acknowledged in a social media submit.

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