Here’s How Much Michael Saylor’s Personal Bitcoin Stash Is Now Worth


With


Bitcoin
(BTC)


witnessing
new
gains
as
its
price
recovers
from
bearish
trends,


Michael
Saylor
,
co-founder
and
former
Chief
Executive
Officer
(CEO)
of
MicroStrategy,
is


reaping
the
benefits
.
Saylor
has
been
a
vocal
supporter
and
investor
of
Bitcoin
for
years.
As
the
value
of
the
cryptocurrency
surges,
so
does
his
considerable
BTC
stash. 

How
Much
Michael
Saylor’s
BTC
Holdings
Is
Worth


In
an
exclusive


interview


with
Bloomberg
TV
on
August
7,
Saylor
divulged
his


substantial
Bitcoin
holdings
,
declaring
that
he
now


owns


over
$1
billion
worth
of
BTC. 
The
MicroStrategy
co-founder
revealed
in
an
X
(formerly
Twitter) post
in
2020
that
he
held
about
17,732
BTC,
bought
at
an
average
price
of
$9,882.
 


At
the
time,
Bitcoin’s
price
was


trading


above
the
$13,000
mark.
Since
then,
its
price
has
skyrocketed
over
fivefold,
peaking
at
more
than
$73,000
during
its


all
time
high


in
March
2024.
Saylor
has
revealed
that
he
has
not
sold
any
BTC,
underscoring
his


strong
belief
in
the
cryptocurrency’s
future
potential


The
MicroStrategy
former
CEO
has
also
disclosed
that
he
had
no
future
plans
of
liquidating
his
Bitcoin
stash.
He
emphasized
his
commitment
to
both


investing
further
in
BTC


and
expanding
his
holdings. 


During
the
interview,
Saylor
declared
that
BTC
was
an


exceptional
capital
investment
asset
,
whether
for
an
individual,
family,
institutional
corporation,
or
even
a
country.
He
asserted
that
there
was
no
other
asset
that
rivals
BTX
when
it
came
to
investing
his
money,
underscoring
his
steadfast
belief
in
the
cryptocurrency
as
the
premier
choice
for


long
term
wealth
preservation


and
growth.


Excluding
Saylor’s
considerable
Bitcoin
stash,
MicroStrategy
also
holds
a
substantial
amount
of
Bitcoin.
The
company
which
was
founded
in
1989
by
Saylor


owns


a
staggering
226,500
BTC
valued
at
approximately
$12.94
billion,
based
on
current
exchange
rates.


MicroStrategy’s
BTC
holdings


were
also
bought
at
an
average
price
of
$35,158
per
BTC. 


Despite
Bitcoin’s
price
volatility
and
instability,
Saylor
continues
to
acquire
more
BTC,
comparing
the
investment
to
securing
prime
real
estate
in
the
most
coveted
location.
He
asserted
that


Bitcoin’s
volatility


is
“a
feature
and
not
a
bug,”
indicating
that
the
cryptocurrency
remains
a
superior
asset
in
spite
of
its
persistent
price
fluctuations. 

“There’s
Never
A
Bad
Time
To
Buy
Bitcoin”

Michael
Saylor


During
his
interview,
Saylor
affirmed
that
there
was
no
such
thing
as
a
bad
time
to


buy
Bitcoin
.
His
statement
suggests
that
regardless
of
market
conditions,
Bitcoin
remains
a
constantly
valuable
asset. 


When
asked
if
he
views


BTC’s
recent
market
crash


as
a
potential
investment
opportunity,
Saylor
divulged
a
bit
of
his
investment
strategy. 


According
to
the
MicroStrategy
co-founder,
determining
the


best
time
to
buy
Bitcoin


was
virtually
impossible,
given
the
cryptocurrency’s
volatile
nature
and
price
instability.
As
a
result,
he
disclosed
that
MicroStrategy
invests
in
BTC
at
any
opportune
time,
regardless
of
market
conditions
or
price
level. 

BTC
price
holding
at
$57,400
|
Source:
BTCUSD
on
Tradingview.com

Featured
image
created
with
Dall.E,
chart
from
Tradingview.com

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