Bitcoin Deserves Credit: Michael Saylor Bitcoin news strategy update

Bitcoin Deserves Credit: What This Means for Investors and Companies

Michael Saylor Bitcoin news, recent tweet has again made waves in the crypto industry, as this time he said “Bitcoin Deserves Credit.” he means that

• Digital gold has proven its critics wrong.

• It has delivered massive returns despite all the volatility.

• His strategy of continuously buying and holding BTC out to be highly successful.

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Source: X

According to Michael Saylor Bitcoin, CEO of Strategy (formerly Microstrategy) , if you buy BTC today then it provides you long-term benefit. Like when Michael Saylor Bitcoin was first purchased, the coin was trading around $11,652 and he bought 21,454 coins worth $250 millions.

Taking a look at Strategy today’s total holding of 638,460 coins worth $47,169. The journey of achieving it was too long which required patience and trust for BTC, the CEO said.

Michael Saylor’s Bold Bitcoin Strategy

The asset has proved that it gives long term benefit for him and for his firm Strategy. The firm is buying Bitcoins regularly almost every 10 days. As if you see the last five buying the company purchased 155 tokens on August 11, 430 tokens on August 18, 3,081 tokens on August 25, 4,048 tokens on September 9, and the recent purchasing of 1,955 tokens on September 9, this brought firm’s total holding to 638,460 coins.

Another purchase of Michael Saylor Bitcoin is probably this week, as per the data shows. Many big investors like MARA, Coinbase and Blockrock have the appetite for it. But moves of strategy are making headlines in the crypto industry, Michael Saylor BTC bold talks boosting confidence of investors.

Another reason could be that buying more coins also boosts MicroStrategy’s stock value. As the share price rises, the company generates higher profits, which Michael Saylor often reinvests into purchasing even more assets. This cycle strengthens both MicroStrategy’s market position and its long-term holdings, creating a powerful growth loop for the company.

Source: Google

MicroStrategy’s stock closed at $331.44 , up 1.66% (+$5.42) from the previous day. Throughout the day, it traded between a low of $327 and a high of $333, showing a positive momentum.

Why Michael Continues to Buy BTC

Michael has gained a lot by investing in Digital assets, that made him confident and bold about the asset. Recently with his continuous purchasing he entered the Global top 500 rich list, ranked 491st on Bloomberg Billionaires Index.

According to his previous data it shows that he never loses any opportunity to buy more digital gold, doesn’t matter if its prices are at all time high or facing a dip , he sees them as the right time to buy is NOW only!

Strategy Bitcoin and Price predictions

BTC is currently trading around $115k-$116k these days and in this week the coin has reached its all time high near $117k. Whereas strong Bitcoins ETF Inflows of $642.35 million , as per the data of Sosovalue.

Markets are watching September’s CPI near 2.9%, with a 96% chance of a Fed rate cut . Lower inflation could push coin higher, possibly toward $200K. But if inflation stays strong,  the coin may struggle near $110K support

If the Fed cuts interest rates, a move Trump is also pushing for, coin could rally sharply and potentially climb to a new all-time high of around $124k.

Conclusion: Strategy and the Future of Finance

Michael bold Bitcoins strategy shows patience and belief paying off. His constant buying not only strengthens MicroStrategy but also inspires investors, shaping BTC's role in the future of finance.