largest corporate bitcoin Michael Saylor, CEO of Microstrategy, which is an investor, continues to support Bitcoin.
Underlining that they will not sell Bitcoin in every interview he attends, Saylor continues to support HODLers with his social media posts.
“I am not afraid”
Saylor, who shares about Bitcoin, which has lost nearly 8% of its value today, said, “I am not afraid.”
The CEO, who gave a message with the lyrics of the famous rapper Eminem’s song “Not Afraid”, said that the storm would not intimidate him.
The relevant part of the lyrics shared by Saylor is as follows:
“We will walk this road together against the storm. Whatever the weather, cold or hot.”
“We’ll walk this road together, through the storm. Whatever weather, cold or warm.” – @Eminem front #Bitcoin
— Michael Saylor⚡️ (@saylor) January 24, 2022
Price Approaches Cost
Although the price of Bitcoin has dropped by 50%, it still continues to trade above the cost of MicroStrategy. Because the purchase cost of 124,391 Bitcoin held by the company is still at $ 30,159.
If Bitcoin drops another 10% from these levels, Saylor’s BTCs will be priced equal to their purchase cost.
Bitcoin continues to be traded at $ 33600 as of our news time.
*Not Investment Advice.