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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Michael Saylor, a prominent figure in the cryptocurrency space, is purchasing an additional $500 million worth of Bitcoin to increase his ownership to 1%. This move comes as Bitcoin continues to surge, with speculations on how high its value will go.
“Cryptocurrency, a $1.7 trillion industry, is hitting the mainstream. Bitcoin, which accounts for over half the cryptocurrency in circulation, hit a record high Monday, surging to over $72,000…“— https://t.co/vnQlzsJxm0
Saylor is buying more Bitcoin because he doesn’t want to be a poor.
Saylor needed another $500M to get those last 5,000 BTC to reach 1% ownership status before he gets priced out of reach. 😏
