Michael Saylor is the CEO of MicroStrategy, a publicly traded business intelligence company. In early August 2020, the company announced it had invested $250 million in Bitcoin.
The move made headlines because it was one of the largest investments in Bitcoin by a publicly traded company at the time.
Saylor is a long-time advocate of Bitcoin. He’s been tweeting about the digital currency for years and even wrote a book about it called “The Bitcoin Standard: The Decentralized Alternative to Central Banking.”
NOTE: WARNING: Investing in cryptocurrencies can be extremely risky and volatile. It is important to do your own research before investing in any cryptocurrency, including Bitcoin. Before making any investments, it is essential to thoroughly understand the risks associated with the asset and to consult a financial advisor or other professional for advice. Additionally, investors should be aware that Michael Saylor has not made any public statements on whether he has sold any Bitcoin, so it is important to exercise caution before investing based on this information.
So has Saylor sold any of his personal Bitcoin holdings? It’s not clear. He hasn’t tweeted about selling any of his Bitcoin, and his last public statement on the matter was in February 2020 when he said he was “HODLing” his BTC.
That being said, Saylor could have sold some of his personal BTC holdings since February without tweeting about it. It’s also possible that he’s holding all of his BTC in an offline wallet that can’t be easily accessed or that he’s given some to family members or friends.
Only Saylor knows for sure how much BTC he currently owns and whether or not he’s sold any of it. However, given his public statements and advocacy for Bitcoin, it seems unlikely that he would have sold any of his personal holdings.
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When Bitcoin was trading at around $19,000 in December 2017, software entrepreneur and CEO of MicroStrategy Michael Saylor invested $650 million of his company’s funds into the cryptocurrency. At the time, it was a controversial move – with some praising Saylor for his forward-thinking investment, and others criticising him for taking such a risk with shareholder money. Now, with Bitcoin prices fluctuating wildly around the $40,000 mark, it’s time to ask: how much has Michael Saylor lost on Bitcoin?
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