PakGazette: Michael Saylor, evangelist and CEO of MicroStrategy, who co-founded that 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. Aside from them, there are also some chess pieces, which is why Saylor’s message to the crypto community is styled like a chess game.
His tweet reads: “Bitcoin is the right decision.” Based on his previous statements, this sounds like a core strategy for a Bitcoiner.
His tweet attracted a lot of attention and opinions from the crypto community, generating comments full of enthusiasm and support from those who share Saylor’s vision for Bitcoin and its role as the main digital asset of the future.
US Government May Sell 69,000 BTC
As reported today, the US Department of Justice (DOJ) was allowed to sell the 69,370 Bitcoins it had, which were confiscated from the infamous darknet market, Silk Road, founded by Ross Ulbricht.
That amount of Bitcoin is currently worth approximately $6.5 billion in fiat money. Several companies (Battle Born Investments Company, First 100 and 1st One Hundred Holdings) sought to stay the execution of the judgment in this case, to prevent the Department of Justice from selling the confiscated Bitcoin on the notorious market. They also claimed in court that they had the right to seize that BTC. However, the court sided with the Justice Department and allowed them to make a possible sale.
As that news spread, the largest cryptocurrency recorded a sudden and massive drop of 3.46%, as BTC fell sharply from $95,280 to the current level of $91,980. At this point, it has recovered somewhat and is changing hands at approximately $92,500 per coin.
The crypto community on Platform Donald Trump has promised to create a Strategic Bitcoin Reserve for the US, therefore he is likely to disapprove of that big BTC sell-off, as many cryptocurrency enthusiasts and influencers expect.
