U.Right now – Michael Saylor, American dealer and well-known bull, printed a brand new publish in the present day X. The CEO of MicroStrategy is understood for his typically rational, typically unusual, however at all times viral posts in regards to the main cryptocurrency and in the present day's is not any exception.
Saylor captioned an AI-generated picture of him holding bodily BTC saying, “All people's going to need your Bitcoin.”
Curiously, this publish coincides with a serious milestone for the main cryptocurrency, as in the present day marks 16 years since Satoshi Nakamoto introduced in 2009 that Bitcoin would have a hard-capped provide of 21 million.
Presently, the circulating provide of bitcoins is estimated to be round 19.8 million, with the complete provide anticipated to be unlocked in 2140 in keeping with Nakamoto's algorithm.
Nevertheless, when the Bitcoin creator disappeared from the web with reportedly a million BTC and lots of cash believed to be perpetually locked away in forgotten wallets, many imagine that the 21 million BTC won’t ever be recovered.
This highlights the truth that Saylor and MicroStrategy maintain roughly 447,470 BTC, making them one of many largest company holders of Bitcoin. It's actually a race the place everybody needs their piece of the cryptocurrency pie, and as Saylor continues to purchase BTC for eight straight weeks, his want is turning into a actuality.
This text was initially printed on U.Right now
