{"id":252104,"date":"2024-08-07T16:39:33","date_gmt":"2024-08-07T16:39:33","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/07\/michael-saylor-announces-he-owns-1-billion-in-bitcoin-personally\/"},"modified":"2025-06-25T17:12:53","modified_gmt":"2025-06-25T17:12:53","slug":"michael-saylor-announces-he-owns-1-billion-in-bitcoin-personally","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/07\/michael-saylor-announces-he-owns-1-billion-in-bitcoin-personally\/","title":{"rendered":"Michael Saylor Announces He Owns $1 Billion In Bitcoin Personally"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MTg2NjA5MDA2MzYwNTM2OTI1\/michael-saylor-max-keiser-bitcoin-2021.jpg\" \/><\/p>\n<p>In a recent Bloomberg interview, Michael Saylor,\u00a0executive chairman and co-founder\u00a0of MicroStrategy, revealed that beyond his company&#8217;s holdings, he personally owns at least 17,732 Bitcoin, currently valued at approximately $1 billion. Saylor emphasized his commitment to Bitcoin, stating, &#8220;I haven&#8217;t sold any bitcoin, I continue to acquire more bitcoin. It&#8217;s a great capital investment asset for an individual, a family, an institution, a corporation, or a country. And I can&#8217;t see a better place to put my money.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> is a capital investment you can hold for decades that a corporation, competitor, counterparty, or country can\u2019t take away from you. It will create generational wealth for your family, corporation, or country. <a href=\"https:\/\/t.co\/amQNn4JQwR\">pic.twitter.com\/amQNn4JQwR<\/a><\/p>\n<p>&mdash; Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1821208702424109307?ref_src=twsrc%5Etfw\">August 7, 2024<\/a><\/p><\/blockquote>\n<p>Saylor described Bitcoin as &#8220;the apex property of the United States&#8221; in light of recent political developments. He highlighted U.S. Senator Cynthia Lummis&#8217;s proposed legislation to create a U.S. Strategic Bitcoin Reserve, which aims to accumulate up to 1 million BTC over time if enacted. Additionally, former President Donald Trump has pledged not to sell the nation&#8217;s seized Bitcoin, famously advising at the Bitcoin 2024 Conference in Nashville to &#8220;never sell your Bitcoin.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83c\uddfa\ud83c\uddf8 Donald Trump: &quot;Never sell your <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>&quot; \u270a <a href=\"https:\/\/t.co\/YS9QnOHleJ\">pic.twitter.com\/YS9QnOHleJ<\/a><\/p>\n<p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1820493027670106399?ref_src=twsrc%5Etfw\">August 5, 2024<\/a><\/p><\/blockquote>\n<p>Saylor then went on to note the significant shift in political perspectives, stating, &#8220;I think that the conversation has shifted and every politician in the world has started to realize that Bitcoin is the most desirable property in cyberspace &#8211; it&#8217;s the future.&#8221;<\/p>\n<p>Saylor 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, describing Bitcoin as &#8220;the most desirable property in the universe.&#8221;<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/markets\/michael-saylor-announces-he-owns-1-billion-in-bitcoin-personally\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] In a recent Bloomberg interview, Michael Saylor,\u00a0executive chairman and co-founder\u00a0of MicroStrategy, revealed that beyond his company&#8217;s holdings, he personally owns at least 17,732 Bitcoin,<\/p>\n","protected":false},"author":1,"featured_media":252105,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/252104"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=252104"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/252104\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/252105"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=252104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=252104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=252104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}