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U.Today - Michael Saylor, founder and the executive chairman of Bitcoin-focused company Strategy, has taken to his account on social media network X (formerly known as Twitter) to issue a Bitcoin war cry.
This tweet came as the world’s largest cryptocurrency regained the $85,000 level and went up rapidly, now eyeing $86,000.
"More Bitcoin," Saylor says as BTC price breaks out
Renowned Bitcoin proponent Saylor addressed the global BTC community with a message that names “the only thing better than Bitcoin.” It proves to be just “more Bitcoin,” as the image added to the X post says. A capital "B" with double strokes stands for “Bitcoin,” emphasized by an orange (the color associated with BTC) background.This could be a hint of Bitcoin purchases that Strategy intends to perform in the near future. On March 31, the company announced a massive $2 billion purchase of BTC — it acquired 22,048 Bitcoins to add to the company’s massive stash. Now, Strategy holds a total of 528,185 Bitcoins valued at $35.63 billion in fiat. Prior to that, Saylor issued an X post, as if hinting at the staggering Bitcoin purchase that was coming up soon.
On April 1, he also published a call to the community, urging them to grab Bitcoin on the dip. On April Fools’ Day, he published an AI-generated image of himself dressed like a medieval jester in a fool’s cap. “Don’t be a fool. Buy Bitcoin,” the message stated.
Bitcoin to $250,000 in 2025, Arthur Hayes predicts
Founder and former chief executive of major cryptocurrency exchange BitMEX, Arthur Hayes, has made a super-bullish prediction, expecting the pioneer cryptocurrency Bitcoin to skyrocket to an all-time high of $250,000 by the end of this year.Hayes published a blog post, in which he shared his expectation about the high probability of Bitcoin soaring toward $250,000 by the end of 2025. He said that Bitcoiners base their trading mostly on market expectations of how big the fiat currency supply will be in the future. If the expectations of numerous analysts about the Federal Reserve shifting from a hawkish stance (QT) to a dovish one (QE) on Treasury bonds prove to be true, then BTC is likely to start going toward the aforementioned price target.
At press time, Bitcoin is changing hands at $85,730, having shown an almost 2% increase today.