The founder of the strategy, Michael Saylor, says that Bitcoin has not yet reached $ 150,000 because the holes without a long -term perspective have sung while a new cohort of investors begins to enter the market.
“I think we are going through a rotation at this time,” Saylor said in the Podcast of Coin Stories with Natalie Brunell on May 9.
The lack of “10 -year investor mentality” led to the sale of Bitcoins
Saylor said that “many non -economically interested parts are turning the asset.” However, at the same time, “a new cohort of investors is entertaining.”
“Many Bitcoin, for whatever, was in the hands of the governments and the hands of the lawyers, and in the hands of the bankruptcy trusts,” he added.
Saylor said that many of these trustees do not have a “10 -year -old investor mentality”, and the price of Bitcoin (BTC) began to meet, they touch advantages and “they thought that this is a good starting point to obtain liquidity.”
“So I think that people less committed to the long term have the tasks of the opportunity to get the market and a completely new class of investors entertain themselves through ETF and through Bitcoin Treasury colleagues.”
After Bitcoin reached its historical maximum of $ 109,000 on January 20, only a few hours before the presidential inauguration of the president of the United States, Donald Trump, experiences a bearish trend, falling as low as $ 76,273 on April 9, before beginning to show signs of recovery.
On May 8, Bitcoin claimed $ 100,000 for the first time since February 1 after the president of the United States, Donald Trump, proposes tariffs. The recent price increase has brought Bitcoin strategy holdings to 50.27% above its average purchase of Bitcoin purchase of $ 68,569. At the time of publication, the firm owns 555,450 Bitcoin, valued in the approach of $ 57.23 billion, according to Saylor Tracker data.
Saylor is surprised by the change of feeling of the United States government
Spot Bitcoin ETFS registered $ 564.7 in tickets in the last five days of negotiation, according to Farside data.
Meanwhile, Saylor said he is not surprised that the United States government has bought Bitcoin for its strategic Bitcoins reserve for which Trump signed an executive order for March 7. The reserve is retained or civic that was forfited forfited
However, Saylor did not anticipate his position to quickly change so positive after the inauguration of Trump.
Related: Strive to become Bitcoin Treasury Company
“I was surprised that the United States hugged Bitcoin as radically as it has been in the last six months, I think I did not expect all cabinet members to be so enthusiastic,” he said.
Magazine: Chatgpt a ‘missile of schizophrenia’, to scientists prepared for 50% of deaths: ai eye
