Pakinomist – Michael Saylor, evangelist and MicroStrategy’s executive chairman, who co-founded that company, has taken to his account on social media platform X to share a new daily message with the BTC community.
“Bitcoin is the real move,” says Saylor
Saylor posted an AI-generated image of himself with Bitcoin attributes – an orange (the color of BTC) tie with physical BTC coins slightly blurred in the background. Aside from those, there are also some chess pieces there, which is why Saylor’s message to the crypto community has the flair of a game of chess.
His tweet says, “Bitcoin is the real move.” According to his previous statements, this sounds like a core strategy for a Bitcoiner.
His tweet attracted a lot of attention and views from the crypto community, producing comments rich in enthusiasm and support from those who share Saylor’s views on Bitcoin and its role as the primary digital asset of the future.
The US government can sell 69,000 BTC
As reported earlier today, the US Department of Justice (DOJ) was allowed to sell the 69,370 Bitcoins in its possession that were confiscated from the infamous darknet marketplace, Silk Road, founded by Ross Ulbricht.
That amount of Bitcoin is currently worth approximately $6.5 billion in fiat. Several companies – Battle Born Investments Company, First 100 and 1st One Hundred Holdings – sought to stay enforcement of the judgment in this case to prevent the DOJ from selling the confiscated Bitcoin from the infamous marketplace. They also claimed in court that they had the right to lay their hands on that BTC. However, the court sided with the DOJ and allowed them to complete a potential sale.
As the news spread, the biggest cryptocurrency posted a sudden massive drop of 3.46% as BTC fell sharply from $95,280 to the $91,980 level today. Now it’s gotten a pittance and is changing hands at around $92,500 apiece. coin.
The crypto community on the X platform is now abuzz, debating whether the US government will decide to sell Bitcoin after all before the president-elect takes office and puts an end to that deal. Donald Trump has promised to create a strategic bitcoin reserve for the US, so he is likely to reject the big BTC selloff that many crypto influencers and enthusiasts are hoping for.
