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<p lang="en-GB" xml:lang="en-GB"><a href="https://u.today/michael-saylors-microstrategy-now-owns-117-of-all-bitcoin-details">Michael Saylor</a>, founder and executive chairman of the MicroStrategy business intelligence software giant, has taken to his account on the X social media platform (widely famous as Twitter in the past) to communicate a Bitcoin message to the global cryptocurrency community.</p>
<p lang="en-GB" xml:lang="en-GB">This took place as the world’s flagship digital currency began showing signs of revival, recapturing the $60,000 level once again. Several hours prior to that, MicroStrategy made another big Bitcoin offer to its investors.</p>
<h2 id="running-bitcoin-michael-saylor">"Running Bitcoin": Michael Saylor</h2>
<p lang="en-GB" xml:lang="en-GB">Saylor published a tweet that says “Running Bitcoin” and features Saylor as a football player running during a game across the football field dressed in an orange uniform - the color of Bitcoin. The number on his T-shirt is 21, which refers to the 21-million-coin Bitcoin supply created by Satoshi Nakamoto.</p>
<blockquote>
 <p lang="en" dir="ltr">Running <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/X2ntwYviVF">pic.twitter.com/X2ntwYviVF</a></p>— Michael Saylor⚡️ (@saylor) <a href="https://twitter.com/saylor/status/1836010503966998643?ref_src=twsrc%5Etfw">September 17, 2024</a>
</blockquote> 
<p lang="en-GB" xml:lang="en-GB">Over the past few hours, Bitcoin has demonstrated a roughly 2.76% recovery, coming close to the $60,000 price level. Before that, on Monday, BTC faced a substantial decline of 4.55% as it collapsed from $60,358, hitting the $57,600 zone.</p>
<p lang="en-GB" xml:lang="en-GB">On March 14 this year, Bitcoin reached a new all-time high of $73,750. Currently, BTC is changing hands 19.55%, below that level. This was the first time in Bitcoin's history that it reached a new historic price peak before an expected halving and not after that important event.</p>
<p lang="en-GB" xml:lang="en-GB">Several days ago, Saylor’s company announced the acquisition of another mammoth-sized Bitcoin stash of 18,300 BTC worth $1.1 billion in fiat. After this purchase, MicroStrategy holds a total of 244,800 Bitcoins valued at roughly $14,675,662,080. This amount of crypto constitutes 1.17% of the total Bitcoin supply of 21 million coins. The company now holds more Bitcoin that the majority of spot BTC exchange-traded funds launched in January.</p>
<h2 id="microstrategy-to-issue-more-debt-to-get-more-bitcoin">MicroStrategy to issue more debt to get more Bitcoin</h2>
<p lang="en-GB" xml:lang="en-GB">As <a href="https://u.today/microstrategy-to-issue-more-debt-following-mammoth-bitcoin-purchase">reported by U.Today</a> earlier, Michael Saylor’s company has announced another offering of its convertible senior notes to raise an additional $700 million in order to increase its bet on the largest cryptocurrency, Bitcoin.</p>
<p lang="en-GB" xml:lang="en-GB">Investors will be able to convert these notes into MSTR shares at a later date and receive interest on them. Basically, MicroStrategy began functioning as a spot Bitcoin ETF before actual funds of this type appeared and began trading on the market.</p>

Michael Saylor Reacts With “Running Bitcoin” Post As BTC Approaches $60,000

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