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Michael Saylor Taunts German Government Over Bitcoin Sales, Says 'Everyone Gets Bitcoin at the Price He Deserves'

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Release: 2024-07-17 16:55:18
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YEREVAN (CoinChapter.com) — Michael Saylor, the CEO of MicroStrategy, left a cryptic message on social media, seemingly directed at the German government.

Michael Saylor Taunts German Government Over Bitcoin Sales, Says ‘Everyone Gets Bitcoin at the Price He Deserves’

Michael Saylor, CEO of MicroStrategy, has left a cryptic message on social media that appears to be directed at the German government.

“Everyone gets Bitcoin at the price he deserves,” Saylor wrote on Twitter.

Saylor's message comes amid significant selling operations by the German government. On Friday, the German government wallet received Bitcoin for the first two days in a row at the end of business hours. This occurrence typically signals a buyback following a sale.

The government added 3,073 BTC to their wallet yesterday, bringing their temporary balance to 27,461 BTC, which is valued at roughly $1.57 billion. These large-scale movements of Bitcoin have created بازار uncertainty.

The German government's Bitcoin sales have made it difficult for the market to gain momentum. As a result, the price of Bitcoin and the overall market sentiment have been affected.

The German government also has another planned Bitcoin sale today, which is bound to heighten the بازار drama.

In response to these developments, some market participants are taking advantage of the temporary price dips to buy. At the same time, others are reacting with fear. This dual reaction highlights the بازار's unpredictable nature, especially when large volumes of Bitcoin are involved.

BTC is currently trading at $57,200.81, with a market cap of approximately $1.127 trillion. The 24-hour trading volume is $30.85 billion. Out of a maximum of 21 million BTC, the circulating supply is around 19.72 million BTC. However, recent price movements show a slight decrease of 0.19% over the past day, indicating the ongoing بازار volatility.

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source:kdj.com
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