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Michael Saylor Advocates Long-Term Bitcoin Holding

Solomon M. by Solomon M.
March 29, 2025
in Bitcoin News
Key Points:

  • Saylor warns against selling Bitcoin, emphasizing network strength.
  • Bitcoin price surged past $97,000.
  • Increased market activity post Saylor’s statement.

michael-saylors-bitcoin-strategy-a-call-to-hold
Michael Saylor’s Bitcoin Strategy: A Call to Hold

Michael Saylor’s statements highlight Bitcoin’s resilience and projected growth, reinforcing investor confidence amid short-term market fluctuations.

“When you buy Bitcoin, you strengthen the network. When you sell Bitcoin, you weaken it.”

Saylor’s firm holds over 499,000 BTC, reflecting his advocacy for Bitcoin’s strength and potential. He stresses that selling Bitcoin could weaken the network.

Strategy’s Bitcoin holdings indicate confidence in its value proposition. Bitcoin’s market capitalization currently stands at $1.66 trillion, demonstrating dominant influence.

Recent data from CoinMarketCap shows Bitcoin priced at $83,818.77 with a market cap of $1.66 trillion as of March 29, 2025. Trading volume decreased by 4.22% in the last 24 hours. The circulating supply is 19,843,556 BTC out of a maximum of 21 million.

Saylor predicts Bitcoin’s future could reach a market cap of $500 trillion, supported by digital dominance and decentralization, strengthening its investment appeal.

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