U.Today – In a recent tweet, MicroStrategy CEO Michael Saylor highlighted what he believes may be the biggest regret for cryptocurrency holders in the future. “You’ll regret not buying more,” Saylor wrote, warning future cryptocurrency holders of the regret they may feel if they don’t act in the present.
Saylor’s tweet resonated with many in the Bitcoin community, and the broader cryptocurrency community shared the sentiment. His message was ostensibly a warning to cryptocurrency holders: those who have been hesitant to buy or hoard more may soon regret not acting sooner.
This sentiment is consistent with Saylor’s long-held belief in Bitcoin’s potential as a store of value and inflation hedge. His latest statement also highlights his unwavering belief in Bitcoin’s long-term prospects.
At the time of writing, the price of BTC has increased by 1.22% in the last 24 hours to $67,803, representing a weekly raise of 10.50%. The largest cryptocurrency is currently down 8.07% from its record high of almost $74,000 reached in March.
Saylor’s faith in Bitcoin
Under Saylor’s leadership, MicroStrategy’s Bitcoin acquisition value was 252,220 BTC as of September 20, 2024. The company began acquiring the cryptocurrency in 2020 to hedge against inflation.
Saylor is estimated to have around $1 billion worth of Bitcoin; about four years ago, the executive chairman of the largest public holder of Bitcoin revealed in a tweet that he owned 17,732 Bitcoins and had not sold any of the digital tokens.
MicroStrategy shares surged almost 1,000% after the company began buying Bitcoin. Shares of Microstrategy (NASDAQ:) continue to rise, with the Bitcoin holdings premium recently hitting a three-year high. Bitcoin has surged over 500% since the MicroStrategy acquisition began.