Few figures in the realm of cryptocurrencies are as optimistic about Bitcoin as MicroStrategy CEO Michael Saylor is. Well-known for his consistent support of the first cryptocurrency, Saylor has lately made news with a fresh social media post.
This time he portrayed himself as a fast-food employee with BTC insignia, therefore conveying the idea: “We are all on Team Bitcoin.” Often starting conversations and memes, Saylor’s promotional Bitcoin-themed posts have become a mainstay in the crypto community.
Bitcoin Faces Volatility
His most recent work is no different—AI-generated images. MicroStrategy owns a shockingly 226,500 BTC, valued at $12.78 billion, hence the message demonstrates his great dedication to BTC rather than only a show of his excitement.
Saylor is not deterred despite recent market volatility, with BTC’s price declining to $56,400 owing to negative macroeconomic news and a wider stock market fall. To the crypto community, his advice is unambiguous: keep the course.
Many believe MicroStrategy will reveal another BTC purchase in September, so strengthening the company’s reputation as one of the biggest holders of the cryptocurrency. Saylor’s BTC rallying call comes at a period of market turmoil when some investors are reevaluating their bets.
It’s unknown whether his most recent tweet will persuade vendors to rejoin “Team Bitcoin” and help the market to stabilize. Michael Saylor is not wavering, though, and neither is his view of the future of BTC.
