By coinnews 
Max Keiser, a well-known Bitcoin advocate, and broadcaster, sent waves on Apr 21 following a post on X in which he claimed that MicroStrategy founder Michael Saylor might eventually “buy Manhattan.”
The comment was tongue-in-cheek but significant considering Saylor’s now-infamous comments during an interview, in which he compared Bitcoin to “Cyber Manhattan.”
Saylor’s metaphor suggests that Bitcoin’s long-term value can be likened to Manhattan real estate’s long-term economic imperviousness.
On Dec 16, 2024, Saylor told CNBC, “I would have bought Manhattan 100 years ago, 200 years ago, every year for the past 300 years. You pay a little bit more than the person who bought Manhattan before you, but it’s always a good investment to invest in the economic capital of the free world.”
He added, “Every day is a good day to buy Bitcoin.”
Saylor’s remarks were made just as Strategy disclosed that its shares had risen by more than 5% alongside Bitcoin’s dramatic climb past $107,000.
However, as of Apr 21, Strategy (previously MicroStrategy) has added 6,556 more BTC to its balance, now totaling 538,200 BTC worth $47.03 billion. The $556 million purchase at an average price of $84,785 shows Michael Saylor’s continued attempt to use Bitcoin as a long-term treasury asset.
Interestingly, Peter Schiff, a gold bull, asked, ” What would happen to the price [of Bitcoin] if [Strategy] tried to sell? My guess is that your buying is what moved the market last night,” hinting at Bitcoin’s recent price uptick.
As of this writing, Bitcoin is trading at $88,194.22, up 4.44% over the last day, according to Kraken.