BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Michael Saylor Discloses Over $1 Billion Worth of Personal Bitcoin Holdings

by Sham
August 7, 2024
in CRYPTO
Reading Time: 2 mins read
A A
1
SHARES
17
VIEWS
Share on XShare in TelegramShare on Reddit
  • Michael Saylor, executive chairman and co-founder of MicroStrategy, personally owns at least 17,732 Bitcoin, currently valued at approximately $1 billion.
  • Saylor described Bitcoin as “the apex property of the United States” and highlighted recent political developments like Senator Cynthia Lummis’s proposed legislation to create a U.S. Strategic Bitcoin Reserve and former President Donald Trump’s pledge not to sell the nation’s seized Bitcoin.
  • Saylor emphasized the importance of holding Bitcoin as a long-term capital investment rather than spending it on frivolous things, describing Bitcoin as “the most desirable property in the universe.”

MicroStrategy executive chairman Michael Saylor recently revealed in a Bloomberg interview that he personally owns at least 17,732 Bitcoin, valued at around $1 billion. This is in addition to the large Bitcoin holdings of his company MicroStrategy.

JUST IN: Michael Saylor reveals he personally holds more than $1 billion worth of #Bitcoin

— BlockNews.com (@blocknewsdotcom) August 7, 2024

Saylor’s Commitment to Bitcoin

In the interview, Saylor emphasized his strong commitment to Bitcoin, stating that he continues to acquire more and has no plans to sell. He views Bitcoin as a great long-term capital investment asset for individuals, families, institutions, corporations, and even countries. In his opinion, there is no better asset to invest in.

Bitcoin as the “Apex Property”

Saylor described Bitcoin as the “apex property of the United States” in light of recent political developments. He pointed to Senator Cynthia Lummis‘s proposed legislation to create a U.S. Strategic Bitcoin Reserve aiming to accumulate up to 1 million BTC. Saylor also noted former President Donald Trump’s pledge to not sell the government’s seized Bitcoin and famous advice to “never sell your Bitcoin.”

Shifting Political Perspectives on Bitcoin

According to Saylor, the political conversation has shifted and politicians worldwide are starting to realize Bitcoin’s desirability as the most valuable digital property and the future of money.

Bitcoin as a Long-Term Investment

Saylor concluded by emphasizing the importance of holding Bitcoin as a long-term capital investment, rather than spending it on trivial things. He described Bitcoin as “the most desirable property in the universe.”

Tags: BitcoinBloombergCynthia LummisMichael SaylorMicrostrategy
TweetShareShare

DON'T MISS THESE! HOT OFF THE PRESS

$200 Billion Vanishes from Crypto Market After Inflation Surprise: Here is What Happened
BITCOIN

$200 Billion Vanishes from Crypto Market After Inflation Surprise: Here is What Happened

August 14, 2025
Solana Climbs Past $203, Bulls Target $218 as Breakout Momentum Builds
CRYPTO

Solana Climbs Past $203, Bulls Target $218 as Breakout Momentum Builds

August 14, 2025
Ethereum Holds $4,547 as Traders Bet Big on a $5K Breakout: Here is What You Need to Watch
CRYPTO

Ethereum Holds $4,547 as Traders Bet Big on a $5K Breakout: Here is What You Need to Watch

August 14, 2025
Ethereum Steps Into the Spotlight as Institutions Shift Focus Away From Bitcoin
CRYPTO

Ethereum Steps Into the Spotlight as Institutions Shift Focus Away From Bitcoin

August 14, 2025
Ethereum, Bitcoin, and Crypto Liquidations Surpass $1 Billion: Here is What Happened
BITCOIN

Ethereum, Bitcoin, and Crypto Liquidations Surpass $1 Billion: Here is What Happened

August 14, 2025
Crypto Analysts Predict INSANE Rally Coming for Cardano ADA: Here are the Levels to Watch
CARDANO

Crypto Analysts Predict INSANE Rally Coming for Cardano ADA: Here are the Levels to Watch

August 14, 2025
Load More

Related News

$200 Billion Vanishes from Crypto Market After Inflation Surprise: Here is What Happened

$200 Billion Vanishes from Crypto Market After Inflation Surprise: Here is What Happened

August 14, 2025
Solana Climbs Past $203, Bulls Target $218 as Breakout Momentum Builds

Solana Climbs Past $203, Bulls Target $218 as Breakout Momentum Builds

August 14, 2025
Ethereum Holds $4,547 as Traders Bet Big on a $5K Breakout: Here is What You Need to Watch

Ethereum Holds $4,547 as Traders Bet Big on a $5K Breakout: Here is What You Need to Watch

August 14, 2025
Ethereum Steps Into the Spotlight as Institutions Shift Focus Away From Bitcoin

Ethereum Steps Into the Spotlight as Institutions Shift Focus Away From Bitcoin

August 14, 2025
Ethereum, Bitcoin, and Crypto Liquidations Surpass $1 Billion: Here is What Happened

Ethereum, Bitcoin, and Crypto Liquidations Surpass $1 Billion: Here is What Happened

August 14, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve Finance FTX grayscale Memecoin metaverse Microstrategy NFT NFTs opinion PEPE ripple sec Shiba Inu Solana Stablecoin Web3 X xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.