Strategy Inc. (NASDAQ:MSTR) co-founder Michael Saylor said Thursday that he met House Financial Services Committee Chair Rep. French Hill (R-AR) and discussed plans to make the U.S. the global leader in Bitcoin (CRYPTO: BTC).
A Brazilian cashback firm called Méliuz has announced that it has purchased 10% of its cash reserves in Bitcoin, following in the footsteps of Strategy. According to Brazil Journal, Méliuz spent $4.1 million and purchased 45.
Michael Saylor argues that Bitcoin should be the primary asset in the U.S. strategic crypto reserve, calling it "the foundation of the crypto economy.”
Saylor has been invited to House Digital Assets Summit, where he continues to push his bold prediction that Bitcoin will reach a $200 trillion market cap, driving its price to $10 million per BTC.
Michael Saylor predicts Bitcoin will reach a $200 trillion market cap, pushing BTC to $9.52 million per coin, as the U.S. considers a strategic crypto reserve under Trump’s plan.
Despite the drop, MicroStrategy Chairman Michael Saylor remains unfazed. He has long been a vocal Bitcoin advocate and even joked about selling a kidney. In December, he dismissed fears about MicroStrategy’s Bitcoin-backed leverage,
Michael Saylor hinted at buying more Bitcoin as the price plunged below $89,000 for the first time in three months.
A pro-XRP lawyer has slammed Bitcoin maxis for criticizing Donald Trump as crypto leaders confirm attendance at the White House crypto summit.
Michael Saylor, the executive chairman of newly renamed Strategy, told his 4 million followers on social media network X to sell a kidney rather than sell their Bitcoin. Prices for the cryptocurrency have fallen about 13% over the past seven days.
The Bitcoin price dropped less than 1% in the past 24 hours as smaller investors turn to this ICO offering free BTC.
Montana lawmakers rejected a bill proposing a strategic Bitcoin reserve even as Michael Saylor hinted at more BTC buying.
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