China Made a Trillion-dollar Mistake With Crack-Down on Miners – Michael Saylor.

Bitcoin bull Michael Saylor CEO of MicroStrategy, emphatically said that China just made a trillion-dollar mistake by cracking down on bitcoin miners and moving them away from its borders, ticking environmental concerns as the reason.

Some of these miners have already migrated to other countries like Kazakhstan and the US, however the migration is a process and will take some time.

Saylor attributed the price drop in Bitcoin to the miners’ migration.

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