Michael Saylor, a major Bitcoin supporter and the head of the BTC-powered company Strategy, has taken to his official X account to comment on today’s BTC price surge to top the $108,000 level.
Saylor published a tweet which contains an AI-generated image of himself wearing a suit with an orange tie (orange is the color associated with Bitcoin). He looks like a driver that is about to start off, and he invites everyone to jump in and go with him: “Get in the car,” the tweet stated after Bitcoin price soared.
Bitcoin soars to test $108,000 and faces pullback
Digital gold today demonstrated a surge of 3.43%, soaring from $104,460 to slightly above the $108,000 mark, just a little below the all-time high of $109,110 reached on January 20. That was followed by a pullback as Bitcoin first shed 1.39%, falling back to $106,230 and then it went up again, currently sitting at $106,688.
This price jump happened several days after Saylor’s company, Strategy, announced a massive BTC accumulation – a $749 million worth of digital gold (7,390 BTC). Now, the company holds a total of 576,230 Bitcoin. Also, in an unexpected development this week, Strategy, Saylor and two other top executives of the company faced a class action lawsuit from MSTR investors, who alleged that Saylor and his company had given them misleading statements about their Bitcoin investment strategy.
Kiyosaki predicts Bitcoin to reach $500K-$1 million
Earlier today, another big figure in the crypto space, the author of “Rich Dad Poor Dad”, Robert Kiyosaki, commented on today’s Bitcoin price surge. The financial guru voiced a prediction that BTC will now head towards at least $500,000 and then perhaps to $1,000,000.
Kiyosaki believes this would happen because of the failed US Treasuries auction on May 20, when the Fed Reserve was driven to buy a $50 billion worth of US bonds. This signifies a growing investor distrust in the US debt sustainability and, Kiyosaki stressed, signifies that hyperinflation is likely to arrive very soon.
This would be the driver that will take gold to $25,000 per ounce, silver to $70, and help Bitcoin skyrocket to $500,000 or even $1,000,000.
