Not Manchester United, Bitcoin is what should be Elon’s Priority: Saylor

Michael Saylor, CEO of MicroStrategy, mocked Elon Musk with the tweet "we would prefer that you buy some more Bitcoin".

On Elon Musk's joking tweet in which he claimed to have bought the Manchester United team, Michael Saylor, CEO of MicroStrategy, also chimed in with "we would prefer that you buy some more Bitcoin". Yesterday, Elon Musk, the world's richest man CEO of Tesla and SpaceX, tweeted jokingly about wanting to buy Manchester United, only to deny it 4 hours later.

Also, intervening was Michael Saylor, the infamous pro-bitcoin CEO of MicroStrategy, who commented as follows:

E.M.: "To be clear, I support the left half of the Republican Party and the right half of the Democratic Party! Also, I'm buying Manchester United ur welcome".

M.S.: "We would prefer that you buy some more Bitcoin".

Tesla's story of buying and selling Bitcoin

In February 2021, Musk announced that Tesla had acquired US$1.5 billion worth of the flagship digital currency and started accepting BTC as payment for its e-cars. However, in April, the payment option was shut down over controversial issues about Bitcoin miners and the environmental impact they were having.

Still, Tesla held all of that Bitcoin until recently – in the second quarter of 2022, the company got rid of 75% of its BTC, leaving only US$218 million in BTC on its balance sheet.

This is not the first time Michael Saylor has taken a shot on Elon Musk. The MicroStrategy CEO fired off a series of tweets seemingly aimed at Elon Musk after his EV firm Tesla sold 75% of its Bitcoin holdings.

"If you sell 75% of your bitcoin, you will only have 25% of your bitcoin left," Saylor tweeted.

The MicroStrategy CEO appeared to be poking fun at the announcement from Elon Musk's company that it had traded 75% of its Bitcoin holdings for approximately $936 million in fiat currency over the past few months, as revealed in its Q2 earnings report.

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