PK Press Club – Michael Saylor, evangelist and executive chairman of MicroStrategy, co-founder of this company, took to his account on social media platform X to share a new daily message with the BTC community.
“Bitcoin is the right decision,” says Saylor
Saylor posted an AI-generated image of himself with Bitcoin attributes – an orange tie (the color of BTC) with physical BTC coins slightly blurred in the background. In addition to them, there are also some chess pieces, which is why Saylor’s message to the crypto community has the flair of a chess game.
His tweet states: “Bitcoin is the right decision.” Based on his previous statements, this sounds like a basic strategy for a Bitcoiner.
His tweet garnered a lot of attention and opinion from the crypto community, producing comments full of enthusiasm and support from those who share Saylor’s views on Bitcoin and its role as a main digital asset of the future.
The US government could sell 69,000 BTC
As reported earlier today, the US Department of Justice (DOJ) was authorized to sell the 69,370 Bitcoins it held, which were confiscated from the infamous darknet marketplace Silk Road, founded by Ross Ulbricht .
This amount of Bitcoin is currently worth around $6.5 billion in fiat currency. Several companies – Battle Born Investments Company, First 100, and 1st One Hundred Holdings – have worked to stay enforcement of the judgment in the case, in order to prevent the DOJ from selling the confiscated Bitcoin on the famous exchange. They also claimed in court that they had the right to get their hands on this BTC. However, the court sided with the DOJ, allowing them to proceed with a potential sale.
As this news spread, the largest cryptocurrency saw a sudden and massive drop of 3.46%, with BTC falling sharply from $95,280 to today’s $91,980 level. Currently, it has fetched a trifle and is changing hands at around $92,500 per coin.
The crypto community on Platform Donald Trump has promised to create a strategic Bitcoin reserve for the United States. He is therefore likely to disapprove of this big BTC sale, as many influencers and crypto enthusiasts hope.
