U.At the moment – Michael Saylor, an American businessman and well-known Bitcoin bull, revealed a brand new X put up in the present day. The CEO of MicroStrategy is thought for his generally rational, generally bizarre, however all the time viral posts concerning the main cryptocurrency, and in the present day’s is not any exception.
Saylor captioned an AI-generated picture of him holding a bodily BTC with the phrases: “Everybody goes to need your Bitcoin.”
It’s attention-grabbing that this put up collides with a major 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.
At the moment, the availability of Bitcoin in circulation is estimated to be round 19.8 million, with the total provide set to be unlocked in 2140, in response to Nakamoto’s algorithm.
Nonetheless, with the Bitcoin creator disappearing from the web with allegedly a million BTC and plenty of cash believed to be locked away without end in forgotten wallets, many imagine that 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, certainly, a race the place everybody needs their piece of the cryptocurrency pie, and as Saylor continues to purchase BTC for eight weeks in a row, his need is turning into a actuality.
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