Michael Saylor Confirms $1 Billion Bitcoin Stash and Ongoing Investments

Thursday, 8 August 2024, 13:03

Michael Saylor, the co-founder of MicroStrategy, has publicly confirmed that he owns a substantial 17,732 BTC, which is currently valued at approximately $1 billion. He has emphasized that he has not sold any of his Bitcoin holdings, indicating a strong commitment to the cryptocurrency. Saylor continues to acquire more Bitcoin, showcasing his confidence in the long-term potential of digital assets. His steadfast approach signifies a notable trend in institutional investment in cryptocurrency.
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Michael Saylor Confirms $1 Billion Bitcoin Stash and Ongoing Investments

Michael Saylor's Bitcoin Holdings

Michael Saylor, co-founder of MicroStrategy, disclosed that he holds a remarkable 17,732 BTC, equivalent to about $1 billion. This significant investment is a testament to his unwavering belief in the future of cryptocurrency.

Continued Acquisition

Saylor emphasized that he has not parted with any of his digital assets, reiterating his strategy of long-term holding. He stated, ‘I continue to acquire more’, reflecting his confidence in the cryptocurrency market.

Conclusion

  • Michael Saylor maintains a substantial Bitcoin investment.
  • He advocates for ongoing acquisitions despite market fluctuations.
  • His actions highlight the growing interest from institutional investors in Bitcoin.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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