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Michael Saylor initiated a vote for BTC to break $100,000 by the end of the year: over 85% agree, implying that MicroStrategy will further increase the position
MicroStrategy founder Michael Saylor plans to hold a New Year's Eve party with BTC breaking $100,000. Today, he initiated a vote on X, with over 85% of participants bullish on BTC breaking $100,000 on New Year's Eve. At the same time, Saylor hinted once again that MicroStrategy may further increase its BTC holdings. Last week, during an interview with CNBC, Saylor stated, 'BTC will not pull back to $60,000 or even $30,000. I believe it will start rising from now on.' He also mentioned his plan to celebrate BTC breaking $100,000 on New Year's Eve. Today, Saylor initiated a vote on X asking, 'Will BTC break $100,000 on New Year's Eve?' In less than 8 hours, 61,938 people participated in the vote, with nearly 85.3% in favor, indicating overwhelming bullish sentiment for BTC. As of the deadline, BTC is temporarily at $90,536, only 10.45% away from $100,000. However, Saylor, as a staunch BTC believer, may have followers who share similar beliefs, so the result of this vote may be somewhat biased. Will #Bitcoin Break $100K by New Year's Eve? — Michael Saylor (@saylor) November 17, 2024 On the other hand, Polymarket, which accurately predicted Trump's election as president, indicates that the probability of BTC reaching $100,000 before November is only 37%. Compared to the peak of 63% on the 14th, it has dropped significantly by 24%, suggesting a slight decline in market sentiment. Saylor hints at increasing the position On the other hand, Saylor once again hinted at increasing the position in BTC early this morning. He tweeted, 'I think saylortracker.com needs even more green dots.' 'saylortracker.com' is a website that tracks MicroStrategy's BTC purchase activity, with green dots representing the company's new BTC purchase records. Therefore, when Saylor says 'needs more green dots,' he is undoubtedly suggesting that MicroStrategy should continue to increase its BTC holdings. On the 10th, Saylor hinted at increasing the position in BTC with a similar statement, and the next day he revealed that the company had purchased an additional 27,200 BTC for approximately $2.03 billion between October 31st and November 10th, with an average price of $74,463. Now, Saylor's tweet hints at increasing the position again, but it remains to be seen whether he will take action to increase the position again within such a short period of time. According to the latest statistics from bitcointreasuries, MicroStrategy currently holds 279,420 BTC, with the value of holdings reaching $25.289 billion and a total cost of $11.929 billion. The average purchase price is approximately $42,588, with unrealized profits reaching as high as $13.36 billion. I think needs even more green dots. pic.twitter.com/Rs5hgrnbAm — Michael Saylor (@saylor) November 17, 2024 Related reports: How did MicroStrategy succeed? Bloomberg: BTC holdings surpass assets such as IBM and Nike, stock price up 20 times in 5 years MicroStrategy's perfect realization of BTC profits! Floating profits exceed £10 billion, Michael Saylor hints at 'further increase the position' Why did MicroStrategy (MSTR) stock premium suddenly surge despite the unchanged strategy of 'issuing debt to buy coins'? 'Michael Saylor initiates a vote on BTC breaking $100,000 at the end of the year: over 85% agree, hints at further increasing the position' This article was originally published on BlockTempo, the most influential blockchain news media on Doozone.