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BTC $44012.85 (3.82%)
ETH $3109.22 (5.04%)
USDT $1.00 (-0.0%)
BCH $544.31 (3.26%)
BSV $145.10 (-2.5%)
LTC $160.47 (2.84%)
BNB $377.53 (3.97%)
ADA $2.23 (5.06%)
DOGE $0.22 (5.22%)

Michael Saylor Says Bitcoin Breaks Gold

Michael_Saylor_says_that_gold_doesn't_work_anymore_bitcoin_broke
  • Michael Saylor Says Bitcoin Breaks Gold.
  • He said that Gold is not working because of Bitcoin.

MicroStrategy CEO Michael Saylor tweeted about Gold and Bitcoin. In Saylor’s tweet, he has expressed that Gold is no longer working because of Bitcoin.

This attracted many people’s attention on Twitter, there are others that supported what Saylor said about Bitcoin while others disagreed. 

However, looking at the tweet, it shows that Saylor’s love for Bitcoin seems to never fade away by any means. He has shown a lot more attention on the Bitcoin asset since its bull run this year. 

Furthermore, amid the BTC price pump this year, MicroStrategy invested a whopping $650 in Bitcoin. Talking about the investment, Saylor disclosed that they bought the Bitcoin at an average price of $21,925 per BTC at that time. 

Not only this purchase, the company recently closed its debt offering. Via the debt offering sales, the firm raised over $1.03 billion as their interest. Right after the debt offering, Saylor disclosed that they are planning to use the earnings of the debt offering to buy not less than $2,000 Bitcoin per second.

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Collins Adane is a writer who follows the crypto industry closely. He loves fish stew and Real Madrid. He believes in cryptocurrency’s potential to transform the money landscape in his native country Ghana.