In a recent interview with Bloomberg, Michael Saylor, CEO and co-founder of MicroStrategy, revealed that beyond his company’s holdings, he personally owns at least 17,732 bitcoins, currently valued at about $1 billion. Saylor reiterated his commitment to bitcoin, saying, “I haven’t sold any bitcoins, and I continue to buy more bitcoins. It’s a great capital investment asset for an individual, a family, an institution, a company, or a country. I can’t think of a better place to put my money.”
#Bitcoin An investment 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 wealth for generations to come for your family, company, or country. pic.twitter.com/amQNn4JQwR
— Michael Saylor⚡️ (@saylor) August 7, 2024
Sailor described Bitcoin as “the ultimate property of the United States” in light of recent political developments. He highlighted proposed legislation by US Senator Cynthia Lummis to create a US strategic reserve of Bitcoin, which aims to accumulate up to 1 million Bitcoin over time if passed. Additionally, former President Donald Trump has vowed not to sell Bitcoin seized by the country, advising at the Bitcoin 2024 conference in Nashville to “never sell Bitcoin.”
🇺🇸Donald Trump: "Never sell #Bitcoin" ✊ pic.twitter.com/YS9QnOHleJ
— Bitcoin Magazine (@BitcoinMagazine) August 5, 2024
Sailor then went on to note the major shift in political views, saying, “I think the conversation has shifted and every politician in the world is starting to realize that Bitcoin is the most desirable property in cyberspace — it’s the future.”
Sailor 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, calling Bitcoin “the most desirable property in the universe.”
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