Max Keiser, a monetary journalist who has been a Bitcoin advisor to the El Salvador president Nayib Bukele, has reaffirmed his ultra-bullish BTC worth prediction. It occurred after the vocal Bitcoin evangelist Michael Saylor obtained featured on a contemporary situation of the Forbes journal’s entrance cowl – Keiser shared a picture of this cowl in his tweet.
Saylor featured in Forbes article as “Bitcoin Alchemist”
Co-founder and government chairman of the MicroStrategy firm Michael Saylor appeared on the duvet of the January 30 Forbes situation with an article about him titled “The Bitcoin Alchemist.”
The article tells the story of how MicroStrategy below Saylor’s management took the “Bitcoin path” and began accumulating digital gold in August 2020 with spare money on its stability. That Bitcoin accumulation was uncommon at first, however the purchases had been made regularly.
A few years in the past, MicroStrategy began elevating debt by providing buyers senior convertible notes, and it purchased extra Bitcoin with the proceeds. MSTR holders have been rewarded with yields on their investments, giving them oblique Bitcoin publicity in the identical manner a spot ETF does. Nevertheless, Saylor’s firm started elevating funds from buyers earlier than the SEC permitted spot Bitcoin exchange-traded funds in January final 12 months.
“$2,200,000 in play,” Keiser reacts
Since November 2024, when Bitcoin started to attain new all-time highs one after one other as a consequence of varied elements, the primary one being Donald Trump’s victory within the president election, MicroStrategy has accelerated its Bitcoin accumulation course of and began to purchase BTC much more regularly. After Bitcoin went up greater than $100,000, Saylor gave an enormous occasion in his Florida home to have a good time this occasion. Many crypto entrepreneurs, monetary consultants, influencers and journalists attended it on Sayolor’s invitation.
$2,200,000 in play. pic.twitter.com/G01pktRj6A
— Max Keiser (@maxkeiser) January 30, 2025
Its most up-to-date buy includes a whopping $1.1 billion value of Bitcoin purchased by the corporate. Now, MicroStrategy holds 471,107 BTC valued at roughly $50 billion. Saylor’s private web value soared from $1.9 billion in 2024 to $9.4 billion in January this 12 months.
Keiser printed the Forbes cowl with Saylor on it and commented “$2,200,000 in play,” reaffirming his earlier ultra-bullish Bitcoin worth prediction. On the time of penning this materials, the world’s main cryptocurrency is altering palms at $104,420 per coin after shedding the $106,000 stage in a single day – a 2.46% decline.
