Michael Saylor, founder of Strategy, commented in a recent podcast that Bitcoin has not yet reached the $150,000 mark due to a sell-off among investors lacking a long-term commitment. He noted that a new group of investors is entering the market while those less dedicated to the cryptocurrency have exited after Bitcoin's upward surge. Saylor attributed this trend to many former holders—such as government entities and legal representatives—lacking a ‘10-year investor mindset.’ He explained that as Bitcoin's price began to rise, these stakeholders capitalized on the moment for liquidity. Furthermore, Saylor expressed surprise at the positive shift in sentiment from the U.S. government towards Bitcoin recently, which he did not anticipate following the change in administration. Meanwhile, Bitcoin's value remains above its average purchase price for Strategy, indicating a favorable position despite market fluctuations.

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