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Reading: Michael Saylor Reveals Cost of Ignoring Bitcoin: Details
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Your Crypto News Today > News > Crypto > Bitcoin > Michael Saylor Reveals Cost of Ignoring Bitcoin: Details
Bitcoin

Michael Saylor Reveals Cost of Ignoring Bitcoin: Details

July 8, 2025 3 Min Read
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Michael Saylor Reveals Cost of Ignoring Bitcoin: Details

Technique co-founder and govt chairman Michael Saylor has ignited consideration within the crypto neighborhood with a daring warning for these nonetheless undecided about Bitcoin. In a putting tweet, Saylor wrote: “Personal Bitcoin or serve the Silicon Overlord.”

Personal Bitcoin or serve the Silicon Overlord. pic.twitter.com/sVmF1hGbvX

— Michael Saylor (@saylor) July 6, 2025

With out Bitcoin, Saylor contends, people could turn out to be topics in a digital system from which they can not escape or affect. This viewpoint is in line with Saylor’s Bitcoin outlook, referring to the cryptocurrency as “cash” and “freedom.”

During the last 5 years, Saylor has turn out to be a Wall Avenue and crypto business phenomenon, reworking his enterprise intelligence software program firm into the world’s first and most leveraged Bitcoin proxy.

As of June 29, Technique held 597,325 BTC, acquired for round $42.40 billion at practically $70,982 per Bitcoin, following a purchase order of 4,980 BTC, or $531.9 million, introduced on the finish of June.

In line with a latest Bloomberg report, Technique recorded an unrealized acquire of over $14 billion within the second quarter, placing the once-struggling enterprise software program developer turned leveraged Bitcoin proxy among the many elite ranks of company heavyweights equivalent to Amazon and JPMorgan Chase.

Bitcoin and Technique shares up

Technique’s inventory has risen by greater than 3,300% since Saylor started buying Bitcoin in mid-2020 as an inflation hedge. Bitcoin has climbed by round 1,000% throughout the identical interval, whereas the S&P 500 has elevated by roughly 115%.

Bitcoin was buying and selling at $108,025 on the time of writing, down 0.07% within the prior 24 hours after recovering to $110,000 within the earlier week. The biggest crypto traded at its strongest value since June 9, reaching a excessive of $110,590 on July 3.

July is shaping as much as be a probably risky month for Bitcoin, with key occasions to look out for. July 22 marks the ultimate deadline for motion on the long-awaited crypto govt order, in addition to potential updates on the U.S. Strategic Bitcoin Reserve.

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