Michael Saylor Owns $866M Worth of Bitcoin: Report

Michael Saylor Owns $866M Worth of Bitcoin: Report

The CEO of software intelligence company MicroStrategy reportedly said he owns over 17,000 BTC.MicroStrategy CEO Michael Saylor reportedly owns at least 17,732 bitcoin.Saylor’s bitcoin holdings are worth about $866 million.The executive targets a $6 million BTC price.The Bitcoin bull ahead of software intelligence firm MicroStrategy, Michael Saylor, reportedly disclosed a personal bitcoin stash worth $866 million.According to a Markets Insider report, Saylor said in a November interview with The Information that besides his publicly listed company’s goal of accumulating bitcoin, he also....


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Saylor underscored the high maintenance costs and taxes linked with owning and inheriting physical property over the long term, which in the case of Bitcoin, does not exist. MicroStrategy CEO and Bitcoin (BTC) advocate Michael Saylor doubled down on his support for Bitcoin as he explained the issues related to transferring the value of physical properties such as gold, company stocks or equity and real estate during the Australia Crypto Convention.Speaking about the underlying proof-of-work (PoW) consensus mechanism, Saylor highlighted that Bitcoin is backed by $20 billion worth of....

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