Michael Saylor Bitcoin billionaire — if He really is the Diamond Hand he claims to be.
Bitcoin bullish in 2020 assert to personally You have 17,732 BTC. The chairman and co-founder of technology company MicroStrategy writes on Twitter. said He bought a huge amount of digital coins for $175.2 million.
The same investment today would be worth more than $1.1 billion.
It’s possible that the tech entrepreneur has sold some of his personal assets. But it’s more likely that he bought the item. more—This will solidify his status as a corporate giant. whale.
MicroStrategy included BTC on its balance sheet in August 2020 to generate better returns for the company’s shareholders and combat inflation. Since his company adopted a Bitcoin investment strategy, Saylor has traveled the world preaching “digital gold” as a superior investment.
“I said I would buy that top forever,” Saylor said. said Just last month. MicroStrategy, which sells data analytics software, and a week later. expenditure $155.4 million in additional coins.
Since then, the company has continued to buy assets and currently owns 193,000 BTC (more than $12 billion) in virtual coins.
So far so good. Known as one of the largest institutional holders of Bitcoin, MicroStrategy stock (MSTR on Nasdaq) is up more than 600% since the first purchase. Saylor argued that investors can purchase MSTR stock as a safe way to gain exposure to Bitcoin.
He has also repeatedly argued that personally owning Bitcoin is the best way to protect wealth.
“Being able to move money from one city to another, from one state to another, from one country to another, from one counterparty to another – all of these things are incredibly valuable. There are many cases. And that’s what Bitcoin offers you that you can’t get from anything else,” he said. said On the Patrick Bet-David podcast last year.
How much of a Bitcoin whale is he today? So far it’s unclear. He has not shared any updates on his personal BTC stash recently. MicroStrategy’s press office and Saylor did not immediately respond for comment. decryptionThis is a request for your opinion.
Edited by Ryan Ozawa.
