Another Market Raid? Strategy Chairman Michael Saylor Says Bitcoin Is Calling
Strategy chairman Michael Saylor has raised eyebrows within the crypto community after teasing "Bitcoin is calling" in his latest post.The staunch Bitcoin advocate has a history of audacious Bitcoin claims. Interestingly, he has backed his belief in the pioneering crypto asset with incessant acquisitions through the self-acclaimed Bitcoin Treasury firm, Strategy.While he has made several quotes about Bitcoin this week, such as comments that Bitcoin is like chess and 21 million (Bitcoins maximum supply) is the most important number in finance, his tweet today is sparking curiosity in the crypto community.Bitcoin is Calling, Saylors cryptic Thursday tweet said.Another Market Raid?While Saylor did not provide further context for the tweet, some reactions suggest he was referring to stacking more sats. Notably, the Strategy (formerly MicroStrategy) executive chairman has been big on incessantly buying Bitcoin for the foreseeable future.Strategy recently bought 3,459 BTC ($285.8 million) on Monday, resuming its weekly acquisition after a one-week pause. This continued acquisition has persisted despite Bitcoins market uncertainty, which has resulted in all but two of its purchases since November 18 being in the red.Nonetheless, some believe Saylor's recent tweet suggests they could buy more, as the Strategy Chairman often makes such teasing remarks before another purchase. Furthermore, his tweet also called on his 4.2 million followers to answer the Bitcoin call and secure the asset, which he described as the future of money.Strategy Reaps from Bitcoin BetMeanwhile, this post follows a Wednesday disclosure revealing Strategys stock performance compared to companies he described as the Magnificent 7. He noted that Bitcoin is the strategy to outperform them, evident in MSTRs impressive 133% one-year returns.This figure trounces that of Elon Musks Tesla (57%) and chipmaker NVIDIA (30%). MSTR has also outperformed Apple (17%), Meta (4%), and Alphabet (2%). Notably, other prominent firms like Amazon and Microsoft have incurred 2% and 7% declines in the same timeframe, establishing the reward of Strategys potent bet on Bitcoin.
Text source: The Crypto Basic
