MicroStrategy CEO Michael Saylor’s 17,732 BTC Holdings Now Worth $1.1B
MicroStrategy CEO Michael Saylor has personally carried out very nicely by his longtime assist for bitcoin, together with his personal holdings of the crypto now price greater than $1 billion.
- On Thursday, Saylor retweeted a tweet of his from a 12 months earlier wherein he disclosed that he personally held 17,732 BTC that he bought for a mean worth of just below $10,000 (on the time, these holdings would have been price $235 million). In his retweet, he added the remark that “you do not sell your #bitcoin.”
- Saylor confirmed in an exchange with CoinDesk that he has not offered any of his bitcoin holdings.
— Michael Saylor⚡️ (@saylor) October 28, 2021
- At present costs, Saylor’s holdings could be price about $1.1 billion, reflecting an unrealized achieve of greater than 500%.
- On Thursday, the corporate disclosed that it had added virtually 9,000 BTC to its steadiness sheet within the third quarter, bringing its complete owned to 114,042 BTC. At present costs, that bitcoin is price about $7 billion, whereas MicroStrategy’s total market capitalization is roughly $7.4 billion.
UPDATE (Oct. 29, 20:17 UTC): Adds Saylor’s affirmation in second bullet level.