MicroStrategy CEO Michael Sailor personally owns approximately 17,732 BTC (~ $ 861 million). He spoke about this in an interview.
Sailor stated that he never sold his coins, not considering it reasonable. According to him, in the future, the price of one bitcoin will reach $ 6 million.
MicroStrategy, which he founded, owns 122,478 BTC. The firm first invested in bitcoin in August 2020, buying $ 250 million worth of cryptocurrency.
Subsequently, according to the strategy approved by the board of directors, the company continued to acquire digital gold using both equity and debt financing.
At the time of writing, MicroStrategy made its last purchase in December – 1,434 BTC for about $ 82.4 million.
In total, the company invested about $ 3.66 billion in bitcoin.At the current exchange rate, its cryptocurrency reserves are worth about $ 5.9 billion.
Sailor previously called digital gold a “global reserve asset” and admitted that MicroStrategy would hold the cryptocurrency “forever.”
Since the beginning of 2021, Bitcoin has risen in price by about 67%, and the company’s stock quotes have added about 47%. Market cap is ~ $ 6.3 billion.
Recall, in a conversation with investors, Sailor said that the company will consider the possibility of additional earnings on assets in bitcoin.