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Because Saylor owns about 12% of the company’s shares, his stock holdings plus his personal stash of more than 17,000 Bitcoin factor in majorly to his net worth of just under $4 billion ...
Michael Saylor's net worth has surged to $11.4 billion as MicroStrategy shares have skyrocketed. MicroStrategy's stock is up 674% this year, driven by aggressive bitcoin acquisitions.
He added: "My forecast is $13 million a coin by the year 2045, and what I tell everybody is every bitcoin you don't buy today is going to cost you $13 million in the future." Read the original ...
As Saylor sees it, Bitcoin has just entered a new decade-long "Gold Rush" period, and the time to buy is now. Hand holding a gold Bitcoin in front of a stock ticker board. Image source: Getty Images.
Saylor took the company public in June 1998, with an initial stock offering of 4 million shares priced at $12 each. [8] The stock price doubled on the first day of trading. [9] By early 2000, Saylor's net worth reached $7 billion, and the Washingtonian reported that he was the wealthiest man in the Washington D.C. area. [2]
MicroStrategy just announced a bold new plan to buy $42 billion worth of Bitcoin during the next three years.
Michael Saylor is the co-founder and chairman of MicroStrategy, a software development company that has strongly emphasized Bitcoin in recent years. The company began investing in Bitcoin in ...
The company now owns more than 1% of all Bitcoin in the world, and actually owns more Bitcoin than the U.S. government. Buoyed by all this Bitcoin buying, MicroStrategy has skyrocketed in value.