In a recent interview with Bloomberg, MicroStrategy Chairman and Co-founder Michael Saylor revealed that in addition to his company’s holdings, he personally owns at least 17,732 Bitcoin, currently valued at approximately $1 billion. Saylor emphasized his commitment to Bitcoin, saying, “I have never sold any Bitcoin and I plan to continue buying Bitcoin. Bitcoin is a great capital investment asset for individuals, families, institutions, businesses and countries. I can’t think of a better place to put your money.”
#Bitcoin It’s a capital investment you can hold for decades that no company, competitor, business partner or country can take away from you. It creates generational wealth for your family, business or country. pic.twitter.com/amQNn4JQwR
— Michael Saylor ⚡️ (@saylor) August 7, 2024
Given the recent political climate, Saylor described Bitcoin as “America’s greatest asset.” He highlighted Senator Cynthia Lummis’ proposed bill to create a U.S. Strategic Bitcoin Reserve, which, if enacted, aims to accumulate up to 1 million BTC over time. Additionally, former President Donald Trump has pledged not to sell any Bitcoin seized by the country, famously advising at the Bitcoin 2024 conference in Nashville to “never sell your Bitcoin.”
🇺🇸 Donald Trump: "Never sell #Bitcoin" ✊ pic.twitter.com/YS9QnOHleJ
— Bitcoin Magazine (@BitcoinMagazine) August 5, 2024
Saylor further pointed to a major shift in political perspective, saying, “I think the conversation is shifting and every politician in the world is starting to realize that Bitcoin is the most desirable asset and the future in cyberspace.”
Saylor concluded the interview by stressing the importance of holding Bitcoin as a long-term capital investment rather than spending it on frivolous items like coffee and ice cream, describing Bitcoin as “the most desirable asset in the universe.”
