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Home » Michael Saylor Responds to Musk’s Bitcoin Endorsement

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Michael Saylor Responds to Musk’s Bitcoin Endorsement

Jesutofunmi Adeboye
Last updated: 11 months ago
By Jesutofunmi Adeboye
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Michael Saylor comments on Elon Musk’s new profile picture featuring “laser eyes.”

Michael Saylor Responds to Musk's Bitcoin Endorsement
Michael Saylor Responds to Musk’s Bitcoin Endorsement

Michael Saylor, the co-founder of MicroStrategy, has already observed that Elon Musk’s most recent profile picture prominently displays the “laser eyes.”

During the 2021 bull run, the laser eyes meme was popularized by Bitcoiners, who capitalized on the trend to demonstrate their admiration for the cryptocurrency. Celebrities and legislators also joined in on the fun.

The caricature is intended to serve as a metaphor for the hyperfocus of Bitcoiners on the adoption and success of Bitcoin. The initial campaign was intended to elevate the price of the most prominent cryptocurrency to $100,000.

Musk’s alteration of his profile picture has sparked speculation that he may be attending the Bitcoin conference in Nashville. Musk’s apparent endorsement resulted in the Bitcoin price briefly surpassing $68,000.

Tesla initially acquired $1.5 billion of Bitcoin in February 2021 and employed the largest cryptocurrency as a payment method. Subsequently, the foremost e-car manufacturer discontinued Bitcoin as a payment method due to environmental concerns associated with Bitcoin mining .

TAGGED:bitcoinMichael SaylorMusk
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