17,000 Crypto Coins Owner Michael Saylor, MicroStrategy CEO Stash The Surge in Bitcoin: Report
33724-Dec-2021
MicroStrategy CEO, Michael Saylor has a huge amount of cryptocurrency Bitcoin worth up to $6 billion and a recent surge in the holding of 17,000 crypto coins was disclosed by the Company.
Highlighted facts
- Michael Saylor, MicroStrategy CEO has invested in Bitcoin in huge amounts.
- The CEO predicted Bitcoin and said that the price of it will reach up to a million.
- Michael Saylor personally doesn’t support investing in dog coins.
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In recent days, the US-based business intelligence firm showed its largest interest in the field of investing in cryptocurrency, and the CEO of the Company including its company is known as the big bull of the crypto market. In a report, Saylor told that he owes about 17,732 tokens of bitcoins and that value is worth $860 million (6,468 crores). Related information on Michael’s crypto financing is revealed in the newsletter published by The Information. As per the newsletter, the CEO has revealed the details of Bitcoins in an interview in November.
The company has revealed the facts that it has been collecting bitcoin since 2019 and after a long journey, it has the collection about 122,478 tokens of bitcoins which is equal to 6 billion dollars and 45, 112 crore in the INR.
It was revealed during an interview that the price of the token could reach up to 6 million dollars and it is the world’s oldest cryptocurrency.
Further explaining it said that it was first revealed in 2009 and the present value of Bitcoin is $48,500 (36 lakh rupees) and last month it reach up to about $69,000 (52 lakh) per token.
As per the estimation made out by Saylor, the current price of the bitcoin is 12,000 percentage from the time it was started.
In November Michael Saylor avoided the popular cryptocurrency meme Dogecoin Shibu Inu and reinstated his support to the world’s most valued cryptocurrency Bitcoin.
On the other hand, the world billionaire entrepreneur Elon Musk who supported the Dogecoin mocked Michael Saylor for having the maximum number of Bitcoins and compared him with a lightbulb. In the response, Michael Saylor also commented that he can answer his queries in 10 minutes.
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