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Home»Bitcoin»Michael Saylor Declares He Has $1 Billion in Bitcoin Personally

Michael Saylor Declares He Has $1 Billion in Bitcoin Personally

Bitcoin By Gavin07/08/2024
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In a recent Bloomberg interview, Michael Saylor, executive chairman and co-founder of MicroStrategy, revealed that beyond his company’s holdings, he personally owns at least 17,732 Bitcoin, currently valued at approximately $1 billion. Saylor stated that he is committed to Bitcoin. “I haven’t sold any bitcoin, I continue to acquire more bitcoin. It’s a great capital investment asset for an individual, a family, an institution, a corporation, or a country. And I can’t see a better place to put my money.”

#Bitcoin It is an investment that you can keep for many decades and no corporation, rival, country, or counterparty can take it away. Your family, your corporation or even country will benefit from it for generations to come. pic.twitter.com/amQNn4JQwR

— Michael Saylor⚡️ (@saylor) August 7, 2024

Saylor described Bitcoin as “the apex property of the United States” He emphasized U.S. political changes. He highlighted U.S. The Senator Cynthia Lummis proposed legislation would create a U.S. Strategic Bitcoin Reserve that if passed, could accumulate as much as 1,000,000 BTC. Donald Trump, the former president, has also promised not to sell the nation’s Bitcoin seized, and famously advised at the Bitcoin 2024 Conference, in Nashville, to keep it. “never sell your Bitcoin.”

🇺🇸 Donald Trump "Never sell your #Bitcoin" ✊ pic.twitter.com/YS9QnOHleJ

— Bitcoin Magazine (@BitcoinMagazine) August 5, 2024

Saylor went on to point out the shifts in political views, saying, “I think that the conversation has shifted and every politician in the world has started to realize that Bitcoin is the most desirable property in cyberspace – it’s the future.”

Saylor ended the interview with a call to action for Bitcoin holders, who should hold it as an investment over the long term rather than spend their Bitcoins on things such as coffee and ice cream. She described Bitcoin as “the most desirable property in the universe.”


“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: bitcoinmagazine.com

AR Bitcoi bitcoin Michael Saylor
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