Michael Saylor says he personally holds $1 billion in Bitcoin
When asked about his personal holdings, Saylor revealed he still holds at least 17,732 BTC, which is worth almost $1 billion at current prices
Michael Saylor has confirmed he personally bitcoins worth about $1 billion and has never sold. The former MicroStrategy CEO said there is no other better capital investment asset to put his money in than the largest crypto asset.
During a live session with Bloomberg Wednesday, Saylor said bitcoin is a capital investment, superior to physical or financial capital, that “a corporation, competitor, counterparty or country can’t take away from you.” It will create generational wealth for your family, corporation, or your country, he said.
Saylor still holds 17,732 BTC from 2020
When asked about his personal holdings, Saylor revealed he still holds at least 17,732 BTC, which is worth almost $1 billion at current prices.
“I haven’t sold any bitcoin, and I continue to acquire more bitcoin. I think it’s a great capital investment asset […], and I can’t see a better place to put my money.”
Michael Saylor
Saylor first revealed he personally owned 17,732 BTC in 2020, which he acquired for about $175.2 million at an average price of $9,882. At current prices, Saylor’s bitcoin holdings are up over 466% or $817.7 million in profit.