In a recent Bloomberg interview, Michael Saylor, executive chairman and co-founder of MicroStrategy, revealed that in addition to his company’s holdings, he personally owns at least 17,732 Bitcoin, which is currently worth approximately $1 billion. Saylor emphasized his commitment to Bitcoin, saying, “I haven’t sold a single bitcoin, I continue to acquire more bitcoin. It’s a tremendous capital investment for an individual, a family, an institution, a company, a country. And I can’t think of a better place to invest my money.”
#Bitcoin is a capital investment that you can hold for decades and that no company, competitor, counterparty or country can take away from you. It will create generational wealth for your family, company or country. photo.twitter.com/amQNn4JQwR
— Michael Saylor⚡️ (@saylor) August 7, 2024
Saylor described Bitcoin as “the United States’ top asset” in light of recent political developments. He highlighted proposed legislation from Senator Cynthia Lummis to create a U.S. strategic Bitcoin reserve, which aims to accumulate up to 1 million BTC over time if passed. Additionally, former President Donald Trump has pledged not to sell the country’s seized Bitcoin, advising at the Bitcoin 2024 conference in Nashville to “never sell your Bitcoin.”
🇺🇸 Donald Trump: "Never sell your #Bitcoin" ✊ photo.twitter.com/YS9QnOHleJ
— Bitcoin Magazine (@BitcoinMagazine) August 5, 2024
Saylor then addressed the significant shift in political perspectives, saying, “I think the conversation has changed and every politician in the world is starting to realize that Bitcoin is the most desirable asset in cyberspace — it’s the future.”
Saylor concluded the interview by emphasizing the importance of holding Bitcoin as a long-term capital investment rather than spending it on frivolous things like coffee or ice cream. He described Bitcoin as “the most desirable asset in the universe.”