Michael Saylor: A Billion Dollar Bet on Bitcoin
MicroStrategy Chairman Michael Saylor recently disclosed that he holds approximately $1 billion worth of Bitcoin, making him one of the most prominent BTC holders globally. Saylor personally owns 17,732 BTC and has yet to sell any of his holdings, despite Bitcoin’s substantial appreciation in value over the years.
Thaler’s Endorsement of Bitcoin as an Intergenerational Wealth Asset
Thaler, a staunch advocate of Bitcoin as a superior investment asset, views the cryptocurrency as a revolutionary financial tool. He believes that Bitcoin offers the potential for generational wealth for individuals, families, businesses, and even countries. Thaler’s commitment to Bitcoin is rooted in its proven stability, security, and ability to retain value over time.
MicroStrategy’s Massive Bitcoin Reserves Under Saylor’s Leadership
Under Saylor’s guidance, MicroStrategy has amassed a significant Bitcoin reserve of 226,500 BTC, worth over $12 billion. With an average cost of $37,000 per Bitcoin, MicroStrategy’s investment represents a substantial portion of the company’s balance sheet. Saylor’s investment philosophy extends beyond his personal holdings, as he believes that Bitcoin can “repair” corporate balance sheets by providing a safe and stable asset for long-term investment.