U.Today – Erik Voorhees, OG and founder of Spaceshift and most recently Venice AI, published a post on Platform X in which he commented on the recent vast Bitcoin purchase announced by MicroStrategy giant Michael Saylor.
Earlier this week, the company’s executive chairman announced another Bitcoin takeover that far outpaced previous ones made this year. In addition to Voorhees, another Bitcoin gigantic shot praised Saylor for his BTC takeover — Max Keiser.
Erik Voorhees compliments MicroStrategy’s bitcoin purchase
Voorhees praised MicroStrategy’s gigantic Bitcoin acquisition. This time, the company added a staggering 18, paying a staggering $1.1 billion for that modern piece of BTC.
They bought Bitcoin at an average price of $60,408. The company now holds 244,800 BTC worth $14,675,662,080.
Voorhees called the purchase a “bold move,” emphasizing that Bitcoin is still rising in value and MicroStrategy is continuing its “crusade” to accumulate BTC. Like many Bitcoiners, Voorhees believes the US dollar is rapidly depreciating due to the US government’s recent multiple cash printing and the country’s rapidly growing national debt.
Speaking about the aforementioned purchase, he tweeted: “Sell persistently devalued assets for scarce assets.”
Bitcoin maximalist and official BTC advisor to Salvadoran President Nayib Bukele Max Keiser also praised Michael Saylor and MicroStrategy’s decision to boost the firm’s investment in bitcoin.
$10 million for Saylor and Hal Finney in the future
Earlier this week, Michael Saylor stopped by CNBC’s Squawk Box to discuss Bitcoin with the hosts. During the discussion, he said that thanks to MicroStrategy’s BTC strategy four years ago, the company now outperforms all other players in the S&P 500 in terms of stock price growth.
Saylor also shared his confident expectations, saying that within 21 years, the price of Bitcoin could skyrocket to $10 million per coin.
It is worth noting that a similar prediction was made in 2009 by the overdue cyberpunk creator Hal Finney, who received the first Bitcoin transaction from the mysterious Satoshi Nakamoto.
Many in the community believed that Hal Finney was the real Satoshi. Finney stated in a Bitcoin forum message that if Bitcoin became the most widely used payment system, each of its 21 million coins would likely reach a price of $10 million.
