Bitcoin's rally past $100,000 mark has elicited an enthusiastic response from the crypto community. After all, it is after more than three months that the king coin has surpassed the mark.
Bitcoin maximalist Michael Saylor chipped in at the moment and doubled down on his advice to purchase Bitcoin while it doesn't soar further.
The MicroStrategy (Nasdaq: MSTR), formerly Strategy, founder and executive chairman wrote on X on May 9, "You can still buy $BTC for less than $0.2 million."
Saylor's stand is nothing but an reiteration of his earlier take when he said on Apr. 25 that you could still buy Bitcoin for "less than $0.1 million."
The cryptocurrency had been hovering within the price range of $95,000 to $98,000 for the past two weeks before it surpassed the much-awaited $100,000 level.
Now, Saylor is suggesting that it's better to purchase Bitcoin before it hits the price range of $200,000.
The Strategy founder is well-known for his bullish outlook on the cryptocurrency. He has earlier predicted that it will hit the price of $13 million in 20 years.
Strategy is the world's largest corporate holder of Bitcoin. As of now, it holds 555,450 BTC worth $56 billion on its balance sheet.
The firm has also announced a new "42/42 capital plan" as per which it will raise $42 billion each through common equity and fixed income instruments of capital to acquire additional Bitcoin.
As per Kraken's price feed, Bitcoin was trading at $101,366 at press time.