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Michael Saylor Drops Mysterious Bitcoin Message: What’s the Hidden Meaning?

theguru Views  

Michael Saylor, the CEO of MicroStrategy, has been consistently bullish on Bitcoin and is drawing attention with his intriguing message about It.

On the 15th (local time), Saylor left a cryptic message on X (formerly Twitter), stating, “What has been seen cannot be unseen.”

As a prominent Bitcoin supporter, Saylor has continued to invest in it. He has predicted a continued rise in Bitcoin, likening it to gold in the digital economy. In response, MicroStrategy secured $500 million through a convertible bond offering on the 13th of last month (local time) to invest more in Bitcoin.

As a prominent Bitcoin optimist, Saylor wields significant influence in the Bitcoin community. His cryptic message has sparked various interpretations. Saylor is known for leaving messages and not answering questions about them.

Interest in Bitcoin’s halving, which is expected to occur this week, is growing due to Saylor’s comments. Saylor has previously argued that the halving will raise Bitcoin’s price.

Halving occurs approximately every four years, during which the Bitcoin mining reward and the amount of Bitcoin supplied to the market are halved. Saylor argues that a physical Bitcoin ETF will exert buying pressure in such a situation, driving up the price.

Meanwhile, according to the Bitcoin Census, which is counting down to the Bitcoin halving, there is an estimated average mining time of about 2 days and 10 hours left until the 2024 Bitcoin halving.

theguru
content@viewusglobal.com

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