Michael Saylor recently tweeted on X and reiterated his intention to HODL Bitcoin.
Bitcoin traded below $50,000 for the first time since February.
The price of Bitcoin recently crashed below $50,000 and widespread fear gripped the cryptocurrency industry. Chairman of MicroStrategy Michael Saylor has joined the crypto community in their cause, saying that he still holds onto his Bitcoins with Diamond hands.
Michael Saylor recently tweeted on X and reiterated his intention to HODL Bitcoin. In spite of the market meltdown, the chairman of MicroStrategy has not wavered from his Bitcoin purchase plan. More than $200 billion has been lost from Bitcoin’s market valuation in the last 24 hours, and rumors of a rate decrease by the Federal Reserve are circulating again, suggesting central bank action.
Ongoing Turmoil
Bitcoin traded below $50,000 for the first time since February. Meanwhile, shares of MicroStrategy (MSTR) have fallen as much as 16% today, reaching $1,213.77. The we
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