2024

bullish

Bitcoin

Epic

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
There are&nbsp;<a href="https://u.today/key-reason-why-btc-shib-xrp-ada-are-down-details" rel="noopener noreferrer nofollow">Bitcoin</a> bulls, and then there is&nbsp;<a href="https://x.com/saylor/status/1831304121049133117" rel="noopener noreferrer nofollow">Michael Saylor</a>. The head of MicroStrategy, known for his radically bullish views on the first cryptocurrency, broke another post on social media.
As always, this post was aimed at promoting Bitcoin, and in particular depicted Saylor in the form of a fast-food restaurant worker with BTC logos. "We are all on Team Bitcoin," Saylor says, looking out of the picture with artificially intelligent eyes.
Such Bitcoin-themed promotional posters by Saylor have long been part of the crypto community's culture and a meme of sorts. As you can see, the entrepreneur himself is not going to stop, finding new themes and inspirations for posts every time.
<blockquote>
 We are all on Team <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a>. <a href="https://t.co/wha1qC6aOm" rel="noopener noreferrer nofollow">pic.twitter.com/wha1qC6aOm</a>— Michael Saylor⚡️ (@saylor) <a href="https://twitter.com/saylor/status/1831304121049133117?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 4, 2024</a>
</blockquote>
What you cannot take away from Saylor is that his similar posts are backed by actual actions, as MicroStrategy is already one of the largest holders of Bitcoin, with 226,500&nbsp;<a href="https://u.today/worst-case-scenario-bitcoin-price-revealed-by-arthur-hayes" rel="noopener noreferrer nofollow">BTC</a> worth $12.78 billion.
This is definitely not the end of the tech company's purchases, and with September coming up, we can expect another MicroStrategy purchase announcement in the very near future.
<h2 dir="ltr" id="team-issues">Team issues</h2>
While Saylor convinces everyone that we are all on the same Bitcoin team, the major cryptocurrency seems to be watching, as those who do not consider themselves part of the team jump ship.
Thus, the&nbsp;<a href="https://u.today/bitcoin-etfs-record-enormous-outflows" rel="noopener noreferrer nofollow">price of BTC</a> fell to $56,400 amid active selling caused by disappointing macro expectations and the fall of the stock market.&nbsp; <img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="03992f86-85e3-4e61-b479-ba89e299baad" src="https://u.today/sites/default/files/inline-images/bitcoinbtc.png">BTC to USD by <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
Whether a post from Michael Saylor will help change the minds of sellers to sell Bitcoin and pull them back to the orange team remains to be seen.

Michael Saylor Goes Full McDonald's in Epic Bitcoin Push

Table of Contents

U_Today

Other articles published on Sep 4, 2024

Tron's Justin Sun and Meme Crypto Rapper Iggy Azalea Brainstorm Collaboration Ideas

Experts Reveal Why Now Might Be the Best Time to Buy Bitcoin!

Japan’s FSA Plans to Lower Crypto Taxes Amid Industry Growth Push

Memecoins to Dominate the Market 100x in 2024

Telegram Founder’s Arrest Raises Alarm at United Nations

Solana (SOL) Price Destroyed by Most Unexpected Thing

Join our free newsletter for daily crypto updates!