As expected, this rally precipitated reactions from prominent advocates like Michael Saylor, founder of Strategy (formerly MicroStrategy), who celebrated the achievement on X. He said, “If you’re not buying bitcoin at the all-time high, you’re leaving money on the table.” Others like Adam Livingston echoed Saylor’s sentiments.

Bitcoin Pizza Day, celebrated every year on May 22, marked a watershed moment for the cryptocurrency this time as it reached a new record high of $111,970.17 on the day. Strategy founder and executive chairman Michael Saylor,

Strategy CEO Michael Saylor has made a very aggressive forecast about where Bitcoin's long-term price is headed. Strategy (NASDAQ: MSTR) founder and Chief Executive Officer Michael Saylor is one of the most vocal of the Bitcoin (CRYPTO: BTC) bulls out there,