- Former kickboxer Andrew Tate revisits Michael Saylor’s 2022 Bitcoin advice in December 2024.
- Tate engages followers with a poll on investing in Bitcoin or into MicroStrategy stock.
- With Saylor holding large Bitcoin reserves, it is speculated that it will influence Tate.
Andrew Tate, a retired kickboxer who is now a businessman, has already climbed to prominence on the financial scene, including the cryptocurrency industry. Tate has gained notorious acclaim for his racy opinions and extravagant lifestyle. Further, he created a meme coin on Solana called Daddy Tate. Andrew Tate was known for his enthusiastic engagement with digital assets. Over the years, he has advocated for financial freedom and independence, positioning cryptocurrency as a crucial tool for achieving these goals.
On December 18, 2022, Tate stated that he made 1.1M dollars and had spent about $135K on clothes. He further expressed a sense of boredom due to his wealth and lack of things to buy. MicroStrategy founder Michael Saylor responded to this comment by telling him to buy Bitcoin.
Fast forward to December 2024, Tate recalled the conversation by reposting the tweet and responded with a simple question: “How much?” This raised questions about whether Tate was planning to invest in Bitcoin or more so in MicroStrategy’s stocks, which have an exposure to Bitcoin. As if that was not enough, Tate proceeded to create a poll in which you get to decide whether he should invest $3 million in Bitcoin spot or in MicroStrategy stock.
MicroStrategy Seeks Shareholders Approval for $42B Bitcoin PlanThis revived focus on Saylor’s recommendation stems from a new culture of expertise to invest in cryptocurrencies as an avenue of accumulating riches. As Saylor’s MicroStrategy committed to keeping large amounts of Bitcoin, Tate contributes to the interaction between traditional finance and the crypto sphere. As investors continue to focus on Bitcoin, this may well be Tate’s next step in the world of cryptocurrency investments. His influence may also persist in the way his audience feels about digital assets and investment in them in the future.
