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I just saw that Michael Saylor and his team at MicroStrategy took out 17,585 bitcoins in profits just in the first two weeks of this year. I mean, we're talking about approximately $1.3 billion. No joke.
Michael Saylor continues to bet heavily on Bitcoin. The company's strategy seems to be working quite well, considering the price movement over these months. At the beginning of the year, when they took out those profits, the price was around $73-74k, and now we're close to $76k.
I don't know about you, but every time I see Michael Saylor making these moves with Bitcoin, I wonder if I should be paying more attention. People say it's still early in Bitcoin's institutional adoption, and with these numbers, it's hard not to agree.