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Bitcoin evangelist Michael Saylor believes that in the current volatile market conditions for BTC it is very important to “learn to think in Bitcoin” – that is the advice he offers to the global crypto community.MicroStrategy itself after starting to buy BTC back in the August of 2020 has developed a long-term Bitcoin strategy and continues to accumulate the world’s leading digital currency now supported by Wall Street and spot ETFs.
The company retains the right to buy out the notes for cash after June 20, 2029, provided that there are specific conditions for that and that the company’s class A common stock reaches certain price levels. On Wednesday, the largest cryptocurrency lost the recently regained $70,000 level, plunging to the $65,180 zone on Friday and losing nearly 7%. By Monday, BTC recovered, recapturing the $66,900 zone briefly and earlier today a bounce back again took Bitcoin 1.22%.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects.
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Source: Utoday_en - 🏆 295. / 63 Read more »