Saylor’s Bold Bitcoin Prediction! 🚀

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Mr. Michael Saylor, a gentleman of unwavering enthusiasm for Bitcoin and the founder of Strategy, a company rather fond of the digital currency, has deigned to share his thoughts on the newly appointed chairman of the US Security and Exchange Commission, Mr. Paul Atkins. One might say he is quite optimistic. 🤔

New SEC chairman “will be good to Bitcoin,” Saylor believes

In a missive upon the X platform (formerly known, perhaps more charmingly, as Twitter), Mr. Saylor presented a moving picture featuring President Donald Trump and Mr. Atkins, engaged in a White House ceremony of some solemnity. Mr. Atkins, in his speech, declared a “rational, coherent, and principle approach” to the regulatory foundation for digital assets. A bold claim indeed! 🧐

Mr. Saylor, with millions hanging on his every word, proclaimed that “SEC Chairman Paul Atkins will be good for Bitcoin.” One can only hope his confidence is well-placed. 🙏

SEC Chairman Paul Atkins will be good for Bitcoin.

— Michael Saylor (@saylor) April 22, 2025

Mr. Atkins, it appears, is no stranger to the world of crypto. Indeed, he once graced the Token Alliance as a co-chair, a group dedicated to the lobbying of cryptocurrencies. He also served as an advisor to the late and lamented FTX exchange, which, alas, met with bankruptcy in November 2022. A curious association, wouldn’t you agree? 🤨

Strategy grabs another half-billion USD Bitcoin chunk

This week, Mr. Saylor, with a flourish, announced that his beloved Strategy had acquired yet more Bitcoin. A mere 6,556 BTC, costing approximately $555.0 million. One Bitcoin for roughly $84,785. A price that would make even the most seasoned investor raise an eyebrow. 😲

As of April 20th, the company boasts a grand total of 538,200 BTC, valued at a staggering $50,516,479,962. On the very eve of this grand purchase announcement, Mr. Saylor teased his followers with a chart of orange dots, cryptically declaring, “Insufficient Orange.” A hint, if ever there was one! 🍊

In the same tweet, Mr. Saylor revealed that Strategy has achieved a Bitcoin yield of 12.1% year-to-date. A number that might tempt even the most prudent of investors to dabble in the digital realm. 😈

It seems that numerous companies are hopping on the Bitcoin bandwagon indirectly, using Strategy as their BTC ETF. According to Mr. Saylor, more than 13,000 financial institutions and 814,000 retail accounts hold MSTR directly. Furthermore, an estimated 55 million souls have indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios. The reach of Bitcoin, it appears, is quite extensive. 🌍

Based on public data as of Q1 2025, over 13,000 institutions and 814,000 retail accounts hold $MSTR directly. An estimated 55 million beneficiaries have indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios.

— Michael Saylor (@saylor) April 20, 2025

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2025-04-23 11:22