Saylor Brings Back Laser Eyes as Bitcoin Whales Double Down
Michael Saylor reactivated his 'laser eyes' profile picture, signaling strong conviction as MicroStrategy and others accumulate Bitcoin despite unrealized losses.Summary
MicroStrategy Executive Chairman Michael Saylor updated his X profile with laser eyes and a message signaling renewed bullishness for Bitcoin ($BTC). The laser eyes symbol is historically used by Bitcoin advocates, including Saylor, to signify a strong conviction that the price will reach a major milestone, like $100,000.
This move comes as MicroStrategy currently holds 761,068 BTC, representing about 3.6% of Bitcoin's total supply, with an average purchase price near $75,696. Despite sitting on significant unrealized losses at current market levels, Saylor's action suggests he views the current situation as an accumulation opportunity, aligning with MicroStrategy's goal to reach 1 million BTC by the end of 2026.
Following Saylor's post, real estate billionaire Grant Cardone announced he would add 100 Bitcoin to his holdings, indicating that major advocates are treating the recent market dip as a prime window for accumulation.
(Source：BeInCrypto)