- Michael Saylor owns 17,732 BTC, highlighting his commitment as MicroStrategy holds 226,500 Bitcoin, valued around $12.7 billion.
- MicroStrategy’s strategy boosts its stock by 1,000% since initiating Bitcoin acquisitions; recent market trends show a 90% decline.
Michael Saylor, has recently confirmed continuing his personal investment in Bitcoin [BTC], highlighting his confidence in the cryptocurrency as a capital investment asset. Saylor disclosed to Bloomberg that he owns 17,732 BTC and has not sold any since his last public declaration about his holdings four years ago.
“I continue to acquire more. I think it’s a great capital investment asset for an individual, family, institutional corporation or country. I can’t see a better place to put my money.”
MicroStrategy, under Saylor’s leadership, has accumulated 226,500 Bitcoin, making it the largest public corporate holder of the cryptocurrency. This stockpile is valued at approximately $12.7 billion, with Saylor’s personal holdings representing about 10% of this portfolio.
The revelation came during a period where Bitcoin and the broader cryptocurrency market are experiencing fluctuations. Despite these market conditions, Saylor expressed a strong endorsement for Bitcoin, echoing his views in a CNBC interview where he supported Senator Lummis’s strategic BTC reserve bill. He likened the bill to the “Louisiana Purchase,” suggesting it could mark a significant moment for U.S. leadership in cryptocurrency adoption.
Saylor’s approach has previously influenced MicroStrategy’s stock, which saw a dramatic increase of 1,000% following its Bitcoin adoption strategy. However, the stock has recently seen a substantial decline of over 90%.
Despite these market challenges, Saylor remains a vocal advocate for Bitcoin, viewing it as an unmatched investment compared to other assets. His ongoing investment and public support illustrate a deep belief in Bitcoin’s value, both as a personal asset and a strategic corporate asset.
This strategy reflects a broader trend among technology leaders investing in digital assets amid a volatile market, underscoring a belief in the long-term value of cryptocurrencies.
Saylor’s actions and comments continue to spark discussions about the role of Bitcoin in corporate and national finance strategies, highlighting its potential impact on future economic models.
