Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, August 30
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Bitcoin»Michael Saylor Issues “Bitcoin Future” Tweet As BTC Holds at $60,000
    Bitcoin

    Michael Saylor Issues “Bitcoin Future” Tweet As BTC Holds at $60,000

    August 10, 20242 Mins Read


     Michael Saylor Issues "Bitcoin Future" Tweet As BTC Holds at $60,000
    Cover image via U.Today

    Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

    Contents

    • Saylor comments Bitcoin price performance
    • Bitcoin recovers after Japanese crash

    Michael Saylor, founder of the MicroStrategy giant, has taken to his account on the X platform (formerly known as Twitter) to publish a tweet about Bitcoin accompanied with a futuristic image.

    Saylor comments Bitcoin price performance

    The image is about the future and depicts an extraterrestrial landscape, such as the Moon or Mars.

    Saylor tweeted: “Claim the future.” He published his tweet while the world’s flagship cryptocurrency, Bitcoin, continues to trade within the $60,000 price range after briefly reclaiming $62,000 on Friday. Many Bitcoiners place their hopes in BTC, expecting it to become the global currency in the future or at the very least they hope to see BTC soaring to $1 million in the near future.

    On Thursday, Bitcoin demonstrated an impressive 13.34% increase which extended to Friday as BTC surged from $55,000 to the $62,400 price line.

    Related

    Ripple CTO Speaks Out Against Making Gold-Backed Digital Asset

    Bitcoin recovers after Japanese crash

    This week, Bitcoin finally stopped crashing and recovered after the 25% collapse caused by the Japanese stock market plunge. This drove down the stock markets around the world, including the one in the US. BTC was pushed down heavily, which caused the massive crash of altcoins as well.

    While the current Bitcoin price increase to $60,000 took place, spot ETFs have seen large inflows. The 10 exchange-traded funds saw net inflows of 4,698 BTC worth $283.87 million. The largest inflows among those were welcomed by BlackRock’s IBIT – 2,641 BTC valued at $159.57 million. Currently this spot Bitcoin ETF holds 347,608 BTC in total. That is a staggering $21 billion.

    BlackRock’s Bitcoin holdings now surpass those of MicroStrategy – 347,608 BTC of BlackRock versus 226,500 Bitcoins held by Michael Saylor’s company. $21 billion versus $7.538 billion. MicroStrategy has been steadily accumulating BTC since August 2020.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBitcoin Primed To Break Out and Explode by up to 86%, According to Analyst Kevin Svenson – Here’s the Timeline
    Next Article Paynetics CEO Discusses Growth and Embedded Finance at Money20/20

    Related Posts

    Bitcoin

    Bitcoin Is The Best Way To Store Wealth For The Future, Jack Mallers Says

    August 29, 2025
    Bitcoin

    ‘Red September’ Is Coming—Here’s What to Expect From the Bitcoin Market

    August 29, 2025
    Bitcoin

    Bitcoin in Danger: How an Investor Lost $91 Million and How to Shield Your Assets from Scams

    August 29, 2025
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Eclipse Mainnet Opens to Builders, Raiinmaker Launches Solana Mobile DApp

    July 30, 2024
    Commodities

    Egyptian market sees stability, commodity downtrend recently: Madbouy

    July 16, 2024
    Utilities

    4 Utility Stocks Poised to Outperform in the Upcoming Earnings Cycle

    August 4, 2025
    What's Hot

    Dow, S&P 500, Nasdaq futures muted after S&P 500 recovers all 2025 losses

    May 14, 2025

    Mark Cuban Calls Warren Buffett’s Buy-And-Hold Strategy A ‘Crock’ – Which Billionaire’s Investment Style Aligns With Your Goals?

    October 20, 2024

    Dollar rises in tandem with US rates on economic view

    October 21, 2024
    Most Popular

    China stocks close down as energy, property shares weigh – Markets

    October 30, 2024

    China announces 34% retaliatory tariffs on US imports – The Irish Times

    April 4, 2025

    Championnats de combat en lingerie pour ajouter 2 millions de dollars en Bitcoin au Trésor avant l’expansion du Royaume-Uni

    June 27, 2025
    Editor's Picks

    ‘Only Doge’—Elon Musk Quietly Signals Crypto Support Amid $4.2 Trillion Bitcoin And Ethereum Price Boom

    August 14, 2025

    Empery Digital Rebrand Spurs Bitcoin Treasury Strategy with 303 BTC Buy

    July 31, 2025

    Dow Jones Bulls Await Fed Catalyst to Push Past 45K Barrier

    August 21, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2025 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.