As Bitcoin’s value rises, Michael Saylor, co-founder and former CEO of MicroStrategy, sees substantial growth in his Bitcoin holdings. Saylor, a long-time Bitcoin advocate, recently disclosed his ownership of over $1 billion worth of BTC.<\/p>\n
In an interview with Bloomberg TV, Saylor revealed that he holds more than $1 billion in Bitcoin. Initially owning 17,732 BTC purchased at an average cost of $9,882, Saylor’s holdings have surged in value as Bitcoin’s price increased over fivefold, reaching over $73,000 at its peak in March 2024.<\/p>\n
Saylor reiterated his belief in Bitcoin’s future by stating his undivided commitment to hold onto his BTC stash and expand his investments in the cryptocurrency.<\/p>\n
Highlighting Bitcoin’s unparalleled potential as a long-term investment, Saylor emphasized his steadfast belief in BTC’s ability to preserve and grow wealth over time, considering it a superior investment asset for individuals, families, institutions, and even countries.<\/p>\n
MicroStrategy, the company founded by Saylor in 1989, also boasts significant Bitcoin holdings amounting to 226,500 BTC valued at approximately $12.94 billion. The company’s BTC was bought at an average price of $35,158 per BTC.<\/p>\n
Saylor continues to view Bitcoin as a secure investment akin to prime real estate, stating that Bitcoin’s volatility is a notable characteristic that does not diminish its value as a premier asset.<\/p>\n
Saylor expressed his belief that Bitcoin remains a valuable asset regardless of market conditions, stating that there is never a bad time to acquire Bitcoin. He emphasized MicroStrategy’s strategy of investing opportunistically in BTC, irrespective of market fluctuations or price levels.<\/p>\n","protected":false},"excerpt":{"rendered":"
As Bitcoin’s value rises, Michael Saylor, co-founder and former CEO of MicroStrategy, sees substantial growth in his Bitcoin holdings. Saylor, a long-time Bitcoin advocate, recently disclosed his ownership of over $1 billion worth of BTC. Michael Saylor’s BTC Holdings Value In an interview with Bloomberg TV, Saylor revealed that he holds more than $1 billion […]<\/p>\n","protected":false},"author":1,"featured_media":17056,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Michael Saylor's Bitcoin Holdings Reveal - Bitrabo","description":"As Bitcoin's value rises, Michael Saylor, co-founder and former CEO of MicroStrategy, sees substantial growth in his Bitcoin holdings. Saylor, a long-time Bitco"},"footnotes":""},"categories":[316],"tags":[448,682,1937,4980,1030,7017,5718,1244],"class_list":["post-17055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin","tag-heres","tag-michael","tag-michael-saylor","tag-personal","tag-saylors","tag-stash","tag-worth"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/17055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=17055"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/17055\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/17056"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=17055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=17055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=17055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}