Michael Saylor says the bitcoin winter is over. Some experts agree, with caveats.
CoinDesk·2h ago·Neutral
What Happened
Michael Saylor, executive chairman of MicroStrategy, declared bitcoin's winter over as the cryptocurrency held above $78,000 on Thursday. His firm recently acquired 13,927 bitcoin, increasing total holdings to 780,897 BTC. While some analysts agree bitcoin has bottomed, others dispute the winter characterization, noting altcoins remain weak.
Key Entities
Michael SaylorMicroStrategyBitcoinBTC$78,000Jason FernandesMati Greenspanaltcoins