In a current Bloomberg interview, Michael Saylor, government chairman and co-founder of MicroStrategy, revealed that past his firm’s holdings, he personally owns not less than 17,732 Bitcoin, at present valued at roughly $1 billion. Saylor emphasised his dedication to Bitcoin, stating, “I have never bought any bitcoin, I proceed to accumulate extra bitcoin. It is an ideal capital funding asset for a person, a household, an establishment, a company, or a rustic. And I can not see a greater place to place my cash.”
#Bitcoin is a capital funding you possibly can maintain for many years {that a} company, competitor, counterparty, or nation can’t take away from you. It is going to create generational wealth for your loved ones, company, or nation. pic.twitter.com/amQNn4JQwR
— Michael Saylor⚡️ (@saylor) August 7, 2024
Saylor described Bitcoin as “the apex property of america” in mild of current political developments. He highlighted U.S. Senator Cynthia Lummis’s proposed laws to create a U.S. Strategic Bitcoin Reserve, which goals to build up as much as 1 million BTC over time if enacted. Moreover, former President Donald Trump has pledged to not promote the nation’s seized Bitcoin, famously advising on the Bitcoin 2024 Convention in Nashville to “by no means promote your Bitcoin.”
🇺🇸 Donald Trump: "By no means promote your #Bitcoin" ✊ pic.twitter.com/YS9QnOHleJ
— Bitcoin Journal (@BitcoinMagazine) August 5, 2024
Saylor then went on to notice the numerous shift in political views, stating, “I believe that the dialog has shifted and each politician on this planet has began to appreciate that Bitcoin is essentially the most fascinating property in our on-line world – it is the long run.”
Saylor concluded the interview by emphasizing the significance of holding Bitcoin as a long-term capital funding somewhat than spending it on frivolous issues like espresso or ice cream, describing Bitcoin as “essentially the most fascinating property within the universe.”