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Cryptocurrency News Articles

Michael Saylor Publishes AI-Generated Images of Himself as Satoshi Nakamoto, Bitcoin Eyes $103,000

Jan 17, 2025 at 10:22 pm

Michael Saylor Publishes AI-Generated Images of Himself as Satoshi Nakamoto, Bitcoin Eyes $103,000

Michael Saylor, a Bitcoin evangelist and MicroStrategy’s executive chairman, has used his account on the X social media platform to address his millions of followers regarding the enigmatic Bitcoin founder, known only by the pseudonym Satoshi Nakamoto.

In his latest tweet, Saylor shared a famous quote that is often used in response to the enduring question, "Who is Satoshi?" Meanwhile, Bitcoin's price continues to climb, approaching the $103,000 mark.

"We are all Satoshi," proclaims Saylor

An AI-generated image accompanies Saylor's tweet, depicting him sitting cross-legged with a laptop, mirroring the pose of the Satoshi statue that was unveiled in Switzerland last year.

The caption on the AI-generated image reads "We are all Satoshi," a popular phrase among cryptocurrency enthusiasts.

Michael Saylor's tweets often feature AI-generated images of himself, typically related to Bitcoin. In his previous post, he highlighted Bitcoin's unrivaled status with the statement "there's no second best" while an AI-image showed him wearing futuristic armor and wielding a massive sword, emphasizing Bitcoin's dominance in the crypto market.

Bitcoin eyes $103,000

The world's leading cryptocurrency, Bitcoin, has shown a significant price increase of nearly 6% over the last 24 hours. BTC surged from the $97,500 zone on Thursday to reach the $102,927 level earlier today.

However, the BTC price has since rolled back slightly, currently trading at $102,485.

Bitcoin's price surge comes as the day of the newly elected US president's inauguration approaches - he will take office on January 20th, having promised to introduce positive changes to crypto regulation in the US and to establish a Strategic Bitcoin Reserve.

The crypto community anticipates an announcement regarding this matter on Monday, January 20th. Additionally, the US government now possesses nearly 70,000 BTC, confiscated from a Silk Road hacker, which the court has permitted to be sold. The community expects the US to utilize this BTC to begin creating the reserve.

Furthermore, spot Bitcoin ETFs have been experiencing large inflows. BlackRock has been leading this daily buying spree, accumulating approximately $528 million in BTC. The ARK 21Shares ETF has acquired $155.44 in Bitcoin, while Fidelity, Bitwise, and VanEck have collectively amassed roughly $13 million in BTC.

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Other articles published on Mar 19, 2025