Michael Saylor, prominent Bitcoin proponent and the executive chairman of Bitcoin treasury company Strategy (formerly known as MicroStrategy), has published a tweet to reassure the global crypto community in his long-term bullish stance on digital gold – Bitcoin.
His tweet was published after Bitcoin displayed an impressive 5% recovery in the past 24 hours, surging close to the $106,000 level. Saylor’s tweet may seem a little cryptic as it speaks about “Land’s End.”
Saylor continues his recent tradition of publishing AI-generated images of himself with elements directly or indirectly related to Bitcoin. This time the image depicts Saylor standing on a rocky sea shore with his back against a black car. He is wearing an orange tie, symbolizing Bitcoin.
The caption states: “Meet me at Land’s End.” This is an iconic landmark and holiday complex for tourists in western Cornwall, England, the UK. Tourists from around the world visit this place to watch the wild life in the sea – rare birds. This could be a hint that Saylor invites everyone to just buy Bitcoin and hold it, and watch the market volatility like a tourist rather than a participant.
On Monday, Saylor thrilled the community about Strategy acquiring yet another Bitcoin batch of 245 BTC for approximately $26 million. After this acquisition, the company holds 592,345 BTC worth $62,278,205. After the recent 5% price increase. Last Monday, the company spread the word about acquiring $1 billion worth of BTC – 10,100 coins.
Over the past 24 hours, Bitcoin soared from $100,750 to $105,780 after the new positive development in the Middle East as the military escalation seems to have diminished. Bitcoin reacted to that immediately by logging a massive daily surge. At the time of this writing, BTC is changing hands at $105,215 per coin.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.