U.Today – Well-known maximalist Samson Mow, former CSO at Adam Back’s Blockstream and currently CEO of JAN3 and several other companies, believes that there is not much time left to collect digital gold – Bitcoin.
In his tweet, he mentioned the recent purchase of Bitcoin by Michael Saylor’s business intelligence firm MicroStrategy, revealing the main reason for that rash accumulation.
“Saylor is hitting the ATM hard,” Mow said
The JAN3 manager commented on the recent large Bitcoin purchase announced by MicroStrategy, which has been accumulating BTC since 2020. Mow wrote on Twitter that “Saylor is hitting the ATM hard” as he knows that “the window to accumulate Bitcoin is closing fast.” The acronym ATM here stands for “Attach, Time, Machine.”
Mow suggested that those companies or investors who are still planning to buy Bitcoin should reduce their time frame and act quickly before Bitcoin rises to a price range where only a few will be able to buy it.
Mow added that the strategy used by Saylor should be followed as it helps to add more value to shareholders: “I would do the same thing. This is an increase in shareholder value.”
Here’s when it’s too late to buy Bitcoin, per Mow
In another tweet published recently, Mow addressed the popular thesis that “Bitcoin is still in its infancy.”
The manager of JAN3 commented in a tweet, where the Bitcoiner said that a colleague has been asking if it is not too late to buy BTC. Quoting this tweet, Mow said: “If they have to ask, it’s too early.”
However, in a comment, he added that if Bitcoin replaces the US dollar or becomes its legal equivalent in the US, meaning that prices and bills will be calculated in Satoshis, it will be too late to buy BTC: sats.”
Several times this year, Samson Mow shared a prediction that Bitcoin will soon pass the price and acquisition line, after which users will only be able to earn BTC, not buy it. This week, Bitcoin surged to an all-time high above the $107,000 level.
This article was originally published on U.Today
