U.Today – There are bulls and then there is Michael Saylor. The MicroStrategy CEO, known for his radically bullish views on the first cryptocurrency, published another post on social media.
As always, this post was aimed at promoting Bitcoin, and in particular, it showed Saylor in the form of a fast-food restaurant worker with BTC logos. “We’re all on team Bitcoin,” Saylor says, peering out of the image with AI eyes.
These Bitcoin-themed promotional posters by Saylor have been a part of the crypto community culture for a long time and a meme of sorts. As you can see, the entrepreneur himself won’t stop and finds new topics and inspirations for his posts all the time.
What can't be taken away from Saylor is that his similar posts are backed by real action, as MicroStrategy is already one of the largest holders of Bitcoin, with 226,500 BTC worth $12.78 billion.
This is definitely not the end of the tech company's acquisitions, and with September approaching, we can expect another MicroStrategy purchase announcement in the very near future.
Equipment problems
As Saylor convinces everyone that we're all on Team Bitcoin, the leading cryptocurrency appears to be watching, as those who don't consider themselves part of the team jump ship.
Thus, the BTC price fell to $56,400 amid active selling caused by disappointing macroeconomic expectations and the stock market crash.
It remains to be seen whether a post by Michael Saylor will help change the mindset of sellers to sell Bitcoin and return to the orange team.
This article was originally published on U.Today
