Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/michael-saylor-reveals-his-bitcoin-holdings/" data-wpel-link="internal">Michael Saylor Reveals His Bitcoin Holdings</a><br></p>
<p style="text-align: justify">Since its emergence, <a href="https://en.coin-turk.com/will-bitcoin-btc-be-able-to-maintain-its-strong-position-against-the-dollar/" data-wpel-link="internal">Bitcoin</a> has always attracted the attention of <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a>. Especially after 2017, the interest of institutional companies in Bitcoin, the pioneer of cryptocurrencies, brought prices to entirely new levels. One of the biggest parts of this process was MicroStrategy and its former CEO <strong>Michael Saylor</strong>. Although it was known that MicroStrategy had been purchasing Bitcoin, the exact amount owned by Saylor was not known. Today, Saylor clarified the matter.</p> 
<h2 style="text-align: justify" id="how-much-btc-does-michael-saylor-own">How Much BTC Does Michael Saylor Own?</h2> 
<p style="text-align: justify">A piece of information that emerged a few minutes ago made significant waves in the cryptocurrency world. The revelation by Saylor, the former CEO of MicroStrategy and one of the biggest supporters of cryptocurrencies, about the approximate amount of BTC he owns caused a great stir.</p> 
<p style="text-align: justify">According to Saylor’s statement, as of today, he owns BTC worth over 1 billion dollars. This suggests that Saylor’s BTC holdings are around 20,000 units. On the other hand, attention also turned to the BTC owned by MicroStrategy.</p> 
<h2 style="text-align: justify" id="how-many-bitcoins-does-microstrategy-own">How Many Bitcoins Does MicroStrategy Own?</h2> 
<p style="text-align: justify">The Bitcoin purchases made by Saylor on behalf of MicroStrategy were initially met with significant criticism, but it turned out that these transactions were justified, at least for now, especially after the rise at the beginning of 2023.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-377821" src="https://coin-turk.com/wp-content/uploads/2024/08/mcrstrtgy-coin-turk-com.png" alt="" width="1913" height="380"></p> 
<p style="text-align: justify">As of today, MicroStrategy holds 79.296 Bitcoins, with a total value estimated at 4.450 billion dollars. It is understood that these BTCs have brought significant profits to the company, which is known to continue its purchases.</p> 
<p style="text-align: justify">Meanwhile, the price of Bitcoin dropped a few minutes ago, falling below 56,000 dollars. Currently, the price is trading at 56,000 dollars after a 0.14% increase in the last 24 hours. After the drop on Monday, BTC has seen a 15.6% decline in the last 7 days.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/michael-saylor-reveals-his-bitcoin-holdings/" data-wpel-link="internal">Michael Saylor Reveals His Bitcoin Holdings</a></h5>
<p>The post <a href="https://en.coin-turk.com/michael-saylor-reveals-his-bitcoin-holdings/" data-wpel-link="internal">Michael Saylor Reveals His Bitcoin Holdings</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Michael Saylor Reveals His Bitcoin Holdings

Table of Contents

COINTURK NEWS

Other articles published on Aug 7, 2024

Chainlink Bounces Back: LINK Reclaims $10.36 as Daily Active Addresses Hit High

DOGE, SHIB and MPEPE Set To Make More Millionaires Than Ever Before

Crypto Candidate in Arizona Takes Lead Despite Sen. Warren’s Opposition

Analysts Expect Bitcoin to Drop

India’s CoinDCX Initiates $5.9 Million Investor Protection Fund, Following WazirX Heist

BitMEX’s Arthur Hayes Links BOJ’s Rate Decision to US Politics

Join our free newsletter for daily crypto updates!