‘Stay humble’ – Saylor’s latest post sparks ‘Bitcoin to $200K’ talks
Main Idea
Michael Saylor's recent bullish post on Bitcoin and MicroStrategy's continued BTC purchases have sparked discussions about Bitcoin potentially reaching $200K, amid strong demand from spot ETFs and public companies.
Key Points
1. MicroStrategy co-founder Michael Saylor posted a bullish message on X ('Stay Humble. Stack Sats') alongside data showing the company holds 601,550 BTC worth $71.01 billion.
2. MicroStrategy recently purchased 4,225 BTC on July 14, continuing its trend of strategic Bitcoin acquisitions.
3. Bitcoin spot ETFs have seen consistent positive inflows, reflecting strong investor demand.
4. Public companies collectively hold 860,766 BTC, with the majority based in the U.S., according to Bitcoin Treasuries data.
5. Some market observers speculate Bitcoin could reach $200K this cycle, citing MicroStrategy's aggressive accumulation strategy and rising NAV premium.
Description
Publicly listed companies continue to add BTC to their holdings, and now hold 860,766 Bitcoin.
Latest News
- 2 reasons why XRP is currently rallying, and whether it can last2025-07-21 18:16:30
- Bitcoin price prediction for this week: Coiling tight, primed for a breakout?2025-07-21 17:23:48
- JasmyCoin rallies 15% despite lurking bears: Can JASMY’s strength hold?2025-07-21 16:10:41
- All in on XRP! As OI hits an ATH and leverage hits the roof, what’s next?2025-07-21 15:06:50
- ALR Miner launches Bitcoin mining service: zero equipment, stable daily income!2025-07-21 14:05:36