U.At present – There are bulls, after which there's Michael Saylor. The top of MicroStrategy, identified for his radical bullish views on cryptocurrencies for the primary time, has made a brand new publish on social media.

As all the time, the publish is aimed toward selling Bitcoin, with Saylor particularly depicted as a fast-food employee carrying a BTC emblem. “We’re all a part of Group Bitcoin,” Saylor says, searching of the photograph along with his synthetic intelligence eyes.

Such Bitcoin-themed promotional posters by Saylor have lengthy been a part of the crypto group tradition and have turn into a form of meme. As you may see, the entrepreneur himself by no means stops, discovering new themes and inspirations for every publish.

What Saylor's assertion doesn't counsel is that his comparable posts are backed up by any real-world actions: MicroStrategy is already one of many largest holders of Bitcoin, holding 226,500 BTC, valued at $12.78 billion.

This positively isn't the top of acquisitions by the tech firm, and with September quick approaching, we will anticipate to see some new acquisition bulletins from MicroStrategy within the close to future.

Group Points

Whereas Saylor is making an attempt to persuade us that we’re all a part of the identical Bitcoin crew, it appears the most important cryptocurrencies are watching intently to see those that don't really feel like they belong on that crew depart.

As such, vigorous promoting on account of disappointing macroeconomic outcomes and a falling inventory market has brought on the value of BTC to fall to $56,400.

It stays to be seen whether or not Saylor's publish will assist change the minds of would-be Bitcoin sellers and entice them again to Group Orange.

This text was initially revealed on U.At present