BREAKING
264d 3h ago

Michael Saylor Declares ‘No One Has Ever Lost Money by Buying Bitcoin’ Amidst Strategy’s $23 Billion Unrealized Gains

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

In a recent update from COINOTAG News on May 22, Michael Saylor, the Founder and CEO of Strategy, emphasized the significant long-term value of Bitcoin. He asserted that “no one has ever lost money by buying Bitcoin,” reinforcing the cryptocurrency’s historical resilience. This statement comes at a time when Strategy’s Bitcoin portfolio boasts unrealized gains exceeding $23 billion, demonstrating the substantial appreciation potential of digital assets. Investors continue to monitor the market closely, as fluctuations in sentiment can influence trading volumes and pricing patterns. Saylor’s remarks serve as a reminder of the broader adoption of Bitcoin as a viable hedge against inflation and financial uncertainty. With institutional interest rising, Bitcoin remains a focal point for both retail and institutional investors alike, signaling a shift in the perception of cryptocurrencies in the financial landscape.

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