Michael Saylor’s Personal BTC Holdings Is Now Worth Over $1B

• Saylor suggested that individuals, families, and corporations use Bitcoin as capital investment.
• MicroStrategy announced its second quarter financial results with 226,500 BTC.
• Saylor predicts Bitcoin will reach $49 million by 2045, indicating a ‘bull’ scenario.

Michael Saylor, the executive chairman and co-founder of MicroStrategy Inc., revealed that he had stopped selling Bitcoin for nearly four years. In a recent interview with Bloomberg Television, Saylor disclosed that he indulges in acquiring more Bitcoin for his personal holdings. Answering a query on how much he owns, he said,

I do have significant personal Bitcoin holdings. About four years ago, I tweeted that I had about 17,732 Bitcoins. I haven’t sold any Bitcoin. I continue to acquire more Bitcoin.

Pressing on to divulge more details of his current holdings, Saylor did not disclose any specific number. Considering the value of Bitcoin, Saylor’s net worth would be above $1 billion now.

Saylor further emphasized the importance of accumulating Bitcoin. He stated that Bitcoin should be the first option for investment for individuals, families, or even corporations. He asserted ,

Bitcoin is a capital investment you can hold for decades that a corporation, competitor, counterparty, or country can’t take away from you. It will create generational wealth for your family, corporation, or country….I can’t see a better place to put my money.

MicroStrategy, an enterprise company, invested in BTC in 2020 as an inflation hedge. In a tweet posted in July about their second quarter results, Saylor stated that the company had acquired an additional 169 BTC for $11.4 million and now holds 226,500 BTC.

Despite reporting another quarterly loss due to an impairment charge on its $13 billion Bitcoin holdings, the company’s shares have skyrocketed nearly 1,000% since its inception. During the same period, Bitcoin’s value has increased by more than 500%.

Saylor recently predicted that Bitcoin would reach $49 million by 2045 in an optimal “bull” scenario. Speaking at the Bitcoin 2024 Conference in Nashville, he outlined his forecast by suggesting a bull case of $13 million or a bear case of $3 million. He based the outlook on Bitcoin’s potential to revolutionize financial systems and envisions Bitcoin as a primary asset essential for economic stability and wealth accumulation.