Bitcoin
A Crypto Feast Featuring Bitcoin-Topped Turkey
In Bitcoin investing, Microstrategy’s Michael Saylor remains a polarizing figure. In one group, a few observers criticize Saylor for his bold actions and controversial statements. Then, we have market insiders who follow his lead and appreciate his laser-focused vision on Bitcoin and crypto. But this Thanksgiving, most in the crypto sector will finally agree with Saylor as he shares his appreciative post on Bitcoin.
In a Twitter/X post, Saylor thanked Satoshi, then shared a picture of himself having a Thanksgiving dinner with a message: “Happy Thanksgiving.”
Michael Saylor is one of the most vocal supporters of Bitcoin and crypto and openly supports the digital asset even when others doubt it. He committed to his belief in the technology and adopted a Bitcoin-first policy for Microstrategy, which paid huge dividends as the asset maintained its bullish movement over the years.
Happy Thanksgiving 🧡 pic.twitter.com/XEnMhN5NyE
— Michael Saylor⚡️ (@saylor) November 28, 2024
On Thanksgiving, Saylor Appreciates His Favorite Digital Asset
Michael Saylor’s passion for Bitcoin is reflected in his many business decisions and posts. The posts to mark this year’s Thanksgiving are not an exemption. Last November 28th, Saylor shared a picture of the disappearing Satoshi sculpture of Lugano, Switzerland. According to the artist Valentina Picozzi, the Satoshi sculpture aims to connect people to Bitcoin.
Thank You, Satoshi. pic.twitter.com/qLzRtikxKR
— Michael Saylor⚡️ (@saylor) November 28, 2024
On Thanksgiving day, Saylor also shared an AI-generated image of himself sitting at a table enjoying a sumptuous Thanksgiving dinner. What’s noteworthy about the picture is that it shows coins in Bitcoin, together with the main dish, which perfectly blends with the ocassion. While the image is AI-generated, we can’t deny Saylor’s commitment to Bitcoin and what it can do for the world.
Bitcoin market cap currently at $1.92 trillion. Chart: TradingView.com
BTC Milestones For Saylor And Microstrategy
Microstrategy is one of the first companies to adopt a Bitcoin-first investment policy. The company currently holds 386,700 Bitcoins, roughly equivalent to $36 billion. With these holdings and plans to acquire more Bitcoins, Microstrategy is arguably the largest corporate holder of this digital asset.
Microstrategy’s approach to Bitcoin also rubbed off on other companies. For example, Rumble has announced plans to transform its treasury strategy into Bitcoin. In other countries, political leaders are announcing their policy plans to adopt Bitcoin as part of the financial systems. According to Michael Saylor, Microstrategy is backed by its Bitcoin treasury operations, a policy that dates back to August 2020.
Saylor And Microstrategy Still Face Questions & Challenges
Meanwhile, Saylor’s Bitcoin campaign continues, and he plans to integrate Microsoft into the BTC movement. A few days ago, Saylor shared that he had agreed to make a three-minute presentation to the Microsoft board. There’s no word yet on whether Saylor convinced the board to get into Bitcoin.
While Saylor’s decisions have benefitted the company, he’s still constantly criticized. Some disprove of his controversial statements, and others say that Saylor doesn’t help Bitcoin.
Featured image from DALL-E, chart from TradingView
