Michael Saylor, co-founder and CEO of MicroStrategy, a publicly traded company that holds more BTC in its treasury than any other company, has shared a bullish statement as the leading cryptocurrency recorded its new all-time high price.
Saylor published a Bitcoin moon-themed post as BTC rose to over $106,000 on Sunday before pulling back slightly.
Bitcoin rises above $106,000
The price of Bitcoin rose almost 5% on December 15 to record a new all-time high above $106,000. BTC peaked at $106,352 but has since retreated slightly to $105,764 at press time, according to data from CoinGecko. The leading crypto asset is now up over 149% in a year and up 16.5% in a 30-day period.
The price jump came amid speculation that President-elect Donald Trump could issue an executive order establishing Bitcoin as a reserve asset on his first day in office, January 20.
“There is a possibility of using a day one executive order to buy Bitcoin,” Strike CEO Jack Mallers said during a recent interview, adding that while it is unlikely to be the size and scale of the An astonishing 1 million coins would be a huge position. .
 
Notably, crypto-friendly Senator Cynthia Lummis already introduced the Bitcoin Act of 2024 in July, proposing that the Treasury and Federal Reserve purchase 200,000 BTC per year for at least five years, accumulating a whopping 1 million Bitcoin .
The BTC reserve would be maintained for approximately 20 years, thus removing 5% of the total supply of the alpha cryptocurrency from circulation.
Saylor’s bullish reaction
Reacting to Bitcoin’s new all-time high price, MicroStrategy’s Michael Saylor posted an AI-generated image of himself as an astronaut who landed on the moon and planted an orange flag with the BTC logo.
“I’ll see you on the moon. #Bitcoin,” said Saylor.
Members of the BTC community responded positively to Saylor’s tweet, expressing their enthusiasm and bullish fervor. “Moon mission confirmed. See you there, captain. #Bitcoin,” wrote one.
MicroStrategy has been buying Bitcoin since 2020. Saylor, the organizer of MicroStrategy’s Bitcoin investment strategy, believes that the world’s largest cryptocurrency by market capitalization is the best long-term investment.
The Tyson, Virginia-based company now owns 423,650 BTC, worth around $43.8 billion at the current price, according to data from Bitcoin Treasurys.
Saylor has proclaimed that the company will not stop buying anytime soon, saying he is “confident” it will continue buying Bitcoin at $1 million.
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