Saylor tells Mrbeast to buy Bitcoin, even after pausing BTC purchases

Saylor tells Mrbeast to buy Bitcoin, even after pausing BTC purchases

4 minutes, 17 seconds Read

Become a member of our Telegram Channel to stay informed of breaking the reporting

Michael Saylor urges the popular YouTuber Jimmy Donaldson, also known as MRBeast, to buy Bitcoin, even if strategy touches the brakes on his own BTC accumulation.

Saylor’s Message to the YouTube -Megastar came after Mrbeast posted about the rapid progress of AI on X, WHe says he is a potential threat to the income of YouTubers.

“When AI videos are just as good as normal videos, I wonder what that will do with YouTube and how this will influence the millions of makers who are currently making substance for a living,” said Mrbeast. “Scary times.”

Saylor, an old advocate for Bitcoin, replied by saying: “Buy Bitcoin mrbeast.”

Strategy pauses its bitcoin accumulation while BTC acts near ATH

Strategy is Bitcoin’s largest company holder, and is known for pioneering the crypto treasury trend when it started to accumulate BTC in 2022. Since then, 344 entities have had that built 3.88 million BTC jointly.

Saylortracker -Data shows that the strategy has 640,031 BTC with a value of $ 79.36 billion.

Strategy Bitcoin Holdings (Source: Saylortracker))

The most recent purchase of the company was on September 29, when it bought 196 BTC. The BTC company had already purchased eight consecutive weeks prior to this acquisition.

But the company takes a break from his Bitcoin -purchases, as indicated by a recent X -post from Saylor.

“No new orange points this week,” Saylor wrote in a message on X, which indicates that there will be no new BTC purchase announcement this week.

The decision to pause the BTC accumulation of the company comes as the leading crypto on 5 October to a new all-time high (ATH) rose above $ 125k.

The Crypto king has since had a profit and trades according to $ 123,841.96 from 7:17 am EST, according to Coinmarketcap facts. At the current price, the non-realized year-to-date (YTD) profit of the strategy on its BTC position is around $ 14.42 billion.

Bitcoin exchange flows decrease to six years low if ETF inflow rises

If MrBeast decides to act according to Saylor’s recommendation, this can lead to an extra purchasing pressure for the price of BTC.

The upward pressure on Bitcoin is already strong, with Spot BTC ETFs (listed funds) who entered their second largest weekly inflow last week. During this period, investors deposited more than $ 3.2 billion in the funds, data from Farside investors to show.

Most of that inflow were in Ibit, the place BTC ETF that belonged to gigantic black rock from assets management. Last week about $ 1.8 billion flowed into the product, good for more than half of the inflow that was seen during the period before Spot Bitcoin ETFs.

That strong demand is also accompanied by a decrease in the number of Bitcoin that is available to buy at fairs. Unclean facts From Glassnode it shows that there is only 2.83 million BTC on centralized exchange platforms, which marks a lowest point in the available amount.

The last time fewer coins were stored at trade fairs was at the beginning of June 2019. At the time, BTC traded at $ 8,000 and was in the depths of a Bear Market.

“Hearing exchanges are outside of Bitcoin,” wrote the head of Vaneck Matthew Sigel’s digital asset research on X. “Monday 9.30 am is perhaps the first official shortage.”

Mr Beast can buy Aster

It is unclear whether MrBeast will follow Saylor’s advice and buy Bitcoin, but have emphasized various tracking companies on the chain that buying activity around Aster (aster) that they think is linked to the YouTuber.

One of those companies is Prime XHe claimed that the YouTuber spent $ 320,000 on Aster -Tokens. According to the report, the purchase brought the total interests of MRBeast to around $ 1.28 million.

Another company in the chain analysis, lookonchain, also revealed that portfolios that had been linked to MRbeast had deposited $ 1 million in Tether’s USDT Stablecoin before he received more than 500,000 aster tokens at an average price of $ 1.87.

The YouTuber quickly denied the transactions in an X post.

“Never heard of that coin, and that’s not my wallet,” he written On X.

Related articles:

Best Wallet – Diversity your Crypto -Portfolio

Best Wallet
  • Easy to use, with function driven crypto-wallet
  • Get early access to upcoming token ICOs
  • Multi-chain, Multi-Wallet, Non-requiring
  • Now in App Store, Google Play
  • Commitment to earn native token $ best
  • 250,000+ monthly active users

Best Wallet


Become a member of our Telegram Channel to stay informed of breaking the reporting


#Saylor #tells #Mrbeast #buy #Bitcoin #pausing #BTC #purchases

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *