U.Today

Michael Saylor, founder and executive chairman of MicroStrategy, tweeted about Bitcoin amid its drop below $67,000, urging users to "spread Bitcoin with love."

Saylor, a passionate Bitcoin advocate, has led MicroStrategy in accumulating BTC since August 2020, amassing 252,220 Bitcoins valued at about $9.91 billion. In a recent podcast, he emphasized that smaller companies aiming to follow MicroStrategy's lead in BTC investment would struggle to catch up due to MicroStrategy's significant holdings.

Bitcoin Price Predictions

Cryptocurrency analyst Michael Van de Poppe has noted increasing whale activity in Bitcoin, suggesting a bullish trend despite current volatility around recent all-time highs. He suggests Bitcoin could reach between $300,000 and $600,000 in the future.

Meanwhile, investor Anthony Pompliano highlighted the rapid growth of the U.S. national debt, now at approximately $35.77 trillion, arguing that this economic situation supports the belief that Bitcoin's value will surpass $100,000, with some anticipating a target of $1 million by 2030. As of now, Bitcoin trades at $66,923.

>This article was originally published on U.Today.