NBA Star Scottie Pippen Sparks Crypto Buzz with Bold Bitcoin Endorsement

Scottie Pippen Urges Crypto Community to "Study Bitcoin"

NBA legend Scottie Pippen has made waves in the cryptocurrency space with his recent call to action. The basketball icon, known for his playful tweets about Bitcoin creator Satoshi Nakamoto appearing in his dreams with price predictions, delivered a straightforward message to crypto enthusiasts worldwide: "Study Bitcoin."

The crypto community responded with mixed reactions. While some supporters cheered Pippen's advice, others humorously requested introductions to the elusive Satoshi. A portion of commenters even suggested Pippen might benefit more from self-study than Bitcoin research.

Michael Saylor's Similar Bitcoin Advocacy

Pippen's message echoes the philosophy of Bitcoin advocate Michael Saylor, co-founder of Strategy (formerly MicroStrategy). Saylor famously claims that just 100 hours of Bitcoin study provides sufficient understanding of its mechanics and business potential. After his own deep dive into BTC, Saylor transformed MicroStrategy into a Bitcoin-focused company in August 2020.

Since this strategic shift, MicroStrategy has aggressively accumulated Bitcoin through various financial mechanisms. The company now holds an astonishing 580,955 BTC valued at over $61 billion, consistently surprising markets with nearly weekly Bitcoin purchases.

Bitcoin Network Activity Surges

Recent data from Santiment reveals significant growth in Bitcoin's on-chain metrics despite prices remaining below $105,000. On May 29th, the network saw 556,830 new wallet creations - the highest since December 2023. June 2nd brought another milestone with 241,360 Bitcoins circulating, marking the highest activity since December 2024. These metrics suggest strong network expansion and adoption.

• NBA legend Scottie Pippen encourages crypto enthusiasts to "Study Bitcoin"
• Michael Saylor advocates similar Bitcoin education through his 100-hour study challenge
• MicroStrategy's Bitcoin holdings now exceed 580,000 BTC worth $61 billion
• Bitcoin network experiences surge in wallet creation and coin circulation