- Michael Saylor personally holds $1 billion in Bitcoin, owning 17,732 BTC.
- MicroStrategy holds 226,500 BTC worth over $12 billion, with an average cost of $37,000.
- Thaler views Bitcoin as a superior, safe asset and advocates continued investment.
MicroStrategy Chairman Michael Saylor revealed in a recent interview with Bloomberg TV that he holds approximately $1 billion worth of Bitcoin.
This makes him one of the most famous BTC holders in the world, joining the likes of Binance founder Changpeng Zhao, the Winklevoss twins and Satoshi Nakamoto.
Michael Saylor has yet to sell any of his BTC holdings
Thaler’s endorsement of Bitcoin as a capital investment asset is both enthusiastic and unwavering. In an Aug. 7 discussion with Bloomberg’s Sonali Basak, Thaler confirmed that he has a large personal holding of Bitcoin, which he first disclosed four years ago.
At the time, he declared to own 17,732 BTC, a number that has been increasing since then.
Someone asked how much #BTC I own. Myself #hodl I purchased 17,732 BTC for an average of $9,882 each. I informed MicroStrategy of the shares before they decided to buy #bitcoin For yourself.
— Michael Saylor⚡️ (@saylor) October 28, 2020
Despite Bitcoin’s significant appreciation in value over the years, Thaler has not sold any of his Bitcoin holdings and has continued to acquire more of the cryptocurrency.
Treat Bitcoin as an Intergenerational Wealth Asset
For Thaler, Bitcoin is more than just a speculative investment. He described it as a revolutionary financial tool that is superior to physical capital and traditional financial capital.
Thaler said Bitcoin is an unparalleled asset that offers the potential for generational wealth for individuals, families, businesses, and even countries. His commitment to Bitcoin is rooted in its proven stability and security, as well as its ability to retain value over time.
During the interview, Thaler emphasized his belief that “it’s never a bad time to buy Bitcoin.” He likened Bitcoin to “cyber Manhattan,” suggesting that investing in Bitcoin is akin to owning prime real estate in the best locations.
This analogy highlights his belief that Bitcoin, as a scarce and desirable asset, will always have immense value regardless of market fluctuations.
Under Saylor’s leadership, MicroStrategy has accumulated 226,500 BTC
Saylor’s investment philosophy extends beyond his personal holdings to his leadership of MicroStrategy. Under his guidance, the company accumulated massive Bitcoin reserves, totaling 226,500 BTC and worth over $12 billion.
This huge investment represents a large portion of the company’s balance sheet. MicroStrategy’s average cost per Bitcoin is approximately $37,000, and the company plans a 10-for-1 stock split, which could further impact its financial structure and stock performance.
In addition to discussing his personal holdings, Thaler also touched on Bitcoin’s broader impact on corporate financing. He claimed that Bitcoin can “repair” corporate balance sheets by providing a safe and stable asset for long-term investment.
Thaler pointed to Bitcoin’s vast computing power and electricity, which he believed made it “nation-state resistant” and “nuclear hardened.” He proudly noted that the Bitcoin network consumes more electricity than the U.S. Navy, proving its strong security and resiliency.
Thaler’s enthusiasm for Bitcoin extends beyond its investment potential, however. He believes that cryptocurrency is a breakthrough technological advancement that has the ability to reshape the global financial system.
