Michael Saylor continues to promote Bitcoin with themed social media posts, price drops to $56,400.

From Investing.com – September 04, 2024 03:30:22 PM:

Michael Saylor, the head of MicroStrategy, continues to promote Bitcoin with creatively themed social media posts, portraying himself as a fast-food worker with BTC logos. MicroStrategy holds 226,500 BTC worth $12.78 billion, and more purchases are expected in September.

Despite Saylor’s efforts to rally support for Bitcoin, the cryptocurrency’s price dropped to $56,400 due to selling pressure driven by market concerns. It remains to be seen if Saylor’s promotional tactics will attract sellers back to Bitcoin amid macroeconomic uncertainties.

Read more at Investing.com: Michael Saylor Goes Full McDonald’s in Epic Bitcoin Push By U.Today