MicroStrategy CEO Michael Saylor’s Bitcoin Stash Exceeds 17,000 Crypto Cash Price Round $860 Million: Report

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In recent times, Micheal Saylor, the CEO of US-based enterprise intelligence agency MicroStrategy has established his popularity as a Bitcoin bull, with out actually revealing particulars of his personal holdings. The 56-year-old businessman reportedly owns a minimum of 17,732 Bitcoin tokens, presently amounting to round $860 million (roughly Rs. 6,468 crore). This info lately surfaced in a contemporary e-newsletter revealed by The Data. As per the e-newsletter, Saylor had revealed particulars of his private Bitcoin stash throughout an interview in November.

Saylor’s firm MicroStrategy has additionally been buying Bitcoins since 2019 and at present has a treasury of 122,478 tokens value $6 billion (roughly Rs. 45,112 crore).

The entrepreneur has predicted that within the coming years, the per-token worth of the world’s oldest cryptocurrency may attain $6 million (roughly Rs. 45 crore).

First mined in 2009, the current worth of Bitcoin is $48,504 (roughly Rs. 36 lakh), as per CoinMarketCap. Final month, it attained an all-time excessive of $69,000 (roughly Rs. 52 lakh) per token.

If Saylor’s estimation truly pans out, Bitcoin would have registered a surge of greater than 12,000 % from its present place.

In November, the MicroStrategy CEO had shunned fashionable meme-based canine cash Dogecoin and Shiba Inu whereas reinstating his assist for the world’s most-valued cryptocurrency Bitcoin.

In June, when billionaire entrepreneur and Dogecoin-supporter Elon Musk mocked Bitcoin maximalists with a lightbulb joke, Saylor had responded to him saying he can reply his queries in “10 minutes”.


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