‘Bitcoin Is the Right Move’, Says Michael Saylor
Michael Saylor shared with his followers that “Bitcoin is the right move” in his latest X post. Saylor’s tweets about Bitcoin have attracted widespread attention in the crypto community and received enthusiastic support from those who share his view of Bitcoin as the leading digital asset of the future. Recently, the U.S. Department of Justice has been granted permission to sell 69,370 Bitcoins seized from the Silk Road market, worth approximately $6.5 billion. This decision resulted in a significant 3.46% drop in Bitcoin price from $95,280 to $91,980 before partially recovering to $92,500. The cryptocurrency community is speculating on whether the U.S. government will sell seized Bitcoin before Trump takes office. Trump has pledged to build a strategic Bitcoin reserve, and many cryptocurrency enthusiasts want him to stop sales.
