5 May 2025 | Bitcoin

Bitcoin to rise in value amid MicroStrategy gains — Michael Saylor

Bitcoin to rise in value amid MicroStrategy gains — Michael Saylor

Michael Saylor, the founder of MicroStrategy, is once again predicting a major deal in the bitcoin market. Right after the firm's first-quarter earnings report, he published a BTC crypto portfolio tracker, which traditionally signals a new token purchase by the company.

So far in 2025, MicroStrategy has expanded its portfolio by 61,000 BTC. On April 28 alone, the company acquired 15,355 digital coins worth more than $1.4 million. Thus, the total number of cryptocurrency units held by the company amounted to more than 553,000 ($52 billion).

According to CoinMarketCap analysts, such a reduction in available coins in the cryptocurrency market only contributes to an increase in their value. Based on this, many experts predict the price of bitcoin to rise to $100,000. If MicroStrategy manages to raise $84 billion to replenish its BTC-portfolio, it will soon take possession of more than 600,000 units of the cryptocurrency.

This action will cement the company's title as the largest holder of the world's top cryptocurrency.

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