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Cryptocurrency News Articles

Michael Saylor Warns Crypto Holders: ‘You Are Going to Wish You Had Bought More Bitcoin’

Oct 18, 2024 at 10:37 pm

In a recent tweet, MicroStrategy chairman Michael Saylor highlighted what he believes might be the biggest regret for crypto holders in the future.

Michael Saylor Warns Crypto Holders: ‘You Are Going to Wish You Had Bought More Bitcoin’

MicroStrategy chairman Michael Saylor recently shared his thoughts on the future of crypto holders in a concise tweet.

“You are going to wish you had bought more Bitcoin,” Saylor wrote.

This statement appeared to resonate with many in the Bitcoin and broader crypto community, as his words of wisdom were shared widely. Saylor's message served as a warning to crypto holders, urging them to reconsider their strategies and acquire more BTC while they still had the chance.

This sentiment aligns with Saylor's long-standing belief in Bitcoin's potential as a hedge against inflation and a valuable store of value. His latest statement further underscores his optimism regarding Bitcoin's long-term prospects.

At the time of writing, BTC was up 1.22% in the last 24 hours to $67,803, and up 10.50% weekly. The largest cryptocurrency is currently down 8.07% from its all-time high of almost $74,000 attained in March.

Saylor's crypto holdings and strategies

Under Saylor's leadership, MicroStrategy's Bitcoin holdings now stand at 252,220 BTC as of Sept. 20, 2024. The company began acquiring the cryptocurrency in 2020 as a way to hedge against inflation.

Saylor is also estimated to own about $1 billion in Bitcoin; around four years ago, the executive chairman of the largest public corporate holder of Bitcoin disclosed in a tweet that he owned 17,732 Bitcoin and had not sold any of the digital tokens.

MicroStrategy shares have risen nearly 1,000% since the company began purchasing Bitcoin. Microstrategy Shares have continued to rise, with the premium on the value of Bitcoin holdings hitting a three-year high recently. Bitcoin has surged more than 500% since MicroStrategy began its acquisition.

Original source:u

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Other articles published on Aug 09, 2026