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What are your thoughts on Michael Saylor?

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by COINS NEWS 88 Views

Michael Saylor’s trajectory has been interesting to witness. From being a vocal anti-Bitcoin critic to being the largest holder of Bitcoin. Ever so often, Microstrategy will hit the headlines for making yet another substantial purchase of Bitcoin. Currently, it holds 140,000 BTC at an average price of $29,803 per coin. To put things in context, Michael Saylor now owns 1 in every 150 Bitcoin ever created. The second largest holder, Galaxy Digital Holdings, has about 100,000 less Bitcoin! This shows how far ahead of the game Michael Saylor is.

Suffice it to say that Michael Saylor’s actions would have a significant impact on the price movement of Bitcoin. Since many of us are using Bitcoin as a speculative asset and even half-banking in it to yield us Finanical freedom, how heavily does his actions weigh on your mind? Of course, it’s impossible to predict his behaviour but to what extent do you factor in possible scenarios that may arise from his actions?

submitted by /u/cryotosensei
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