Michael Saylor Reacts With “Running Bitcoin” Post As BTC Approaches $60,000

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Michael Saylor Reacts With “Running Bitcoin” Post As BTC Approaches $60,000
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Vocal Bitcoin bull Michael Saylor issued optimistic BTC message to crypto community

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This took place as the world’s flagship digital currency began showing signs of revival, recapturing the $60,000 level once again. Several hours prior to that, MicroStrategy made another big Bitcoin offer to its investors.Saylor published a tweet that says “Running Bitcoin” and features Saylor as a football player running during a game across the football field dressed in an orange uniform - the color of Bitcoin.

Several days ago, Saylor’s company announced the acquisition of another mammoth-sized Bitcoin stash of 18,300 BTC worth $1.1 billion in fiat. After this purchase, MicroStrategy holds a total of 244,800 Bitcoins valued at roughly $14,675,662,080. This amount of crypto constitutes 1.17% of the total Bitcoin supply of 21 million coins. The company now holds more Bitcoin that the majority of spot BTC exchange-traded funds launched in January.

Investors will be able to convert these notes into MSTR shares at a later date and receive interest on them. Basically, MicroStrategy began functioning as a spot Bitcoin ETF before actual funds of this type appeared and began trading on the market.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects.

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