Posted 3/1/2024, 9:01:02 PM
Michael Saylor's 2020 Bitcoin Bet Could Now Be Worth Over $1 Billion
- Michael Saylor claimed in 2020 to personally own 17,732 BTC that cost $175.2 million at the time
- Today that BTC stash could be worth over $1.1 billion if he still owns it all
- Saylor is chairman and co-founder of MicroStrategy, which has bought about 193,000 BTC for its corporate balance sheet
- MicroStrategy's BTC holdings are now worth over $12 billion, and its stock price has risen 600% since first buying Bitcoin
- It's unclear if Saylor has added to his personal BTC holdings recently, but he continues to be a vocal Bitcoin advocate