{"id":132233,"date":"2024-06-28T06:00:57","date_gmt":"2024-06-28T03:00:57","guid":{"rendered":"https:\/\/cryptodnes.bg\/eng\/?p=132233"},"modified":"2024-06-28T14:39:15","modified_gmt":"2024-06-28T11:39:15","slug":"the-cure-for-the-economic-disease-is-the-orange-pill-said-michael-saylor","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/the-cure-for-the-economic-disease-is-the-orange-pill-said-michael-saylor\/","title":{"rendered":"&#8220;The Cure for the Economic Disease is the Orange Pill&#8221; Said Michael Saylor"},"content":{"rendered":"<p>Amid investor concerns about interest rates and potential rate cuts, Saylor, who is known as a Bitcoin bull, said the \u201c<em>cure for economic disease is the orange pill<\/em>,\u201d sharing a photo of the Bitcoin logo on a pill.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The cure to economic ill is the orange pill. <a href=\"https:\/\/t.co\/MPGHLNCqK1\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/MPGHLNCqK1<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1806316260747026529?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">June 27, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Overall, the market\u2019s current trajectory has been influenced by conflicting signals from economic data as investors parse hints about the future trajectory of the economy and the implications for monetary policy.<\/p>\n<p>In the face of inflationary pressures and diverse economic indicators, the timing of potential interest rate adjustments remains quite a hot topic among market participants.<\/p>\n<p>Saylor\u2019s assertion is backed up by his actions, as MicroStrategy recently once again announced a huge purchase of Bitcoin following a successful capital raise from convertible debt.<\/p>\n<p>Last week, the company <a href=\"https:\/\/cryptodnes.bg\/izvunredno-microstrategy-kupi-bitcoin-nad-780-miliona\/\" rel=\"nofollow\"><b><strong>acquired<\/strong><\/b><\/a> an additional 11,931 BTC for approximately $786 million using proceeds from <a href=\"https:\/\/cryptodnes.bg\/bitcoin-titanut-microstrategy-uvelichi-predlaganeto-akcii-do-700-miliona-dolara\/\" rel=\"nofollow\"><b><strong>convertible debt<\/strong><\/b><\/a><b> <\/b>and surplus cash.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Saylor, co-founder and chairman of MicroStrategy, reiterated his strong support for the leading cryptocurrency &#8211; Bitcoin.<\/p>\n","protected":false},"author":3,"featured_media":32054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-132233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>&quot;The Cure for the Economic Disease is the Orange Pill&quot; Said Michael Saylor<\/title>\n<meta name=\"description\" content=\"Michael Saylor, co-founder and chairman of MicroStrategy, reiterated his strong support for the leading cryptocurrency - Bitcoin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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