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In the spotlight is Michael Saylor’s publication of '21 Guidelines for Bitcoin,' which accentuates its exceptional benefits.

In Brief

Michael Saylor's Bitcoin principles focus on its revolutionary potential, the need for lifelong learning, and the merits of choosing Bitcoin over traditional banking systems.

Michael Saylor, co-founder of a prominent Bitcoin treasury organization, previously known as MicroStrategy, shared his '21 Bitcoin Guidelines' on the social media platform X. Strategy The guidelines suggest various insights, including that those who comprehend Bitcoin invest in it, while those who lack understanding often offer critiques. Saylor points out that initial resistance to Bitcoin is common before people become advocates. He stresses that grasping Bitcoin is an ongoing journey filled with revelations, asserting that chaos fuels Bitcoin. Saylor further claims that Bitcoin is the only casino game where everyone has the same chance to win, and it's the only asset that genuinely belongs to you.

When it comes to investment advice, Saylor stresses that everyone obtains Bitcoin based on their readiness to embrace it, and it should be purchased using funds that you're willing to part with. He likens Bitcoin to 'tickets to escape the matrix,' implying its power to liberate people from outdated financial structures. He mentions that true understanding of Bitcoin is reserved for those genuinely eager to learn, asserting that existing economic models will be upended by its influence.

3. Before anyone supports Bitcoin, it's common for them to initially resist it.

Strategy has secured $20 billion in Bitcoin and revealed a $42 billion '21/21 Plan' for purchasing BTC. Bitcoin Previously known as MicroStrategy, Strategy rebranded recently, adopting a new logo featuring a stylized '₿' and vibrant orange colors. In recent months, the company has amassed around $20 billion in Bitcoin, pausing its buying spree of 12 weeks after announcing its earnings last week.

Between February 3rd and February 9th, the company has bought 7,633 Bitcoin at an acquisition price of $97,255 per BTC, as detailed in a Form 8-K filing on February 10th. Since their inaugural Bitcoin investment in August 2020, Strategy has accumulated an impressive total of 478,740 BTC, maintaining an average purchase price of $65,033 per BTC.

With the introduction of the '21/21 plan,' Strategy aims to raise a substantial $21 billion in equity and an additional $21 billion in fixed-income securities over the next three years by issuing shares of its Class A common stock, all to facilitate further Bitcoin acquisitions.

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Alisa, a passionate journalist at Cryptocurrencylistings, specializes in the realms of cryptocurrency, zero-knowledge proofs, investments, and the evolving landscape of Web3. With an astute eye for nascent trends and technologies, she provides thorough coverage to enlighten and engage readers amid the dynamic field of digital finance.

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Michael Saylor from Strategy has shared his insights through the publication entitled '21 Rules for Bitcoin,' shedding light on its distinctive importance in today's world.

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