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In a recent interview with Bloomberg, Michael Saylor, CEO and co-founder of MicroStrategy, revealed that in addition to his company's holdings, he personally owns at least 17,732 bitcoins, currently valued at roughly $1 billion. Saylor emphasized his commitment to bitcoin, stating, “I haven't sold any bitcoins, I'm still acquiring more bitcoins. It's a great capital investment asset for an individual, a family, an institution, a corporation or a country. And I can't see a better place to put my money.”
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twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin It is a capital investment that you can hold for decades and that no corporation, competitor, counterparty or country can take away from you. You will create generational wealth for your family, corporation or country. image.twitter.com/amQNn4JQwR
—Michael Saylor (@saylor) twitter.com/saylor/status/1821208702424109307?ref_src=twsrc%5Etfw”>August 7, 2024
Saylor described bitcoin as “the supreme property of the United States” in light of recent political developments. He highlighted legislation proposed by U.S. Senator Cynthia Lummis to create a Strategic bitcoin Reserve in the United States, which aims to accumulate up to 1 million btc over time if enacted. Additionally, former President Donald Trump has pledged not to sell the country’s confiscated bitcoin, and at the famous bitcoin 2024 Conference in Nashville he advised to “never sell your bitcoin.”
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Donald Trump: "Never sell your twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin" image.twitter.com/YS9QnOHleJ
— bitcoin Magazine (@BitcoinMagazine) twitter.com/BitcoinMagazine/status/1820493027670106399?ref_src=twsrc%5Etfw”>August 5, 2024
Saylor then went on to point out the significant shift in political outlook, stating: “I think the conversation has changed and every politician in the world has started to realize that bitcoin is the most desirable property in cyberspace – it's the future.”
Saylor concluded the interview by emphasizing the importance of holding bitcoin as a long-term capital investment rather than spending it on frivolous things like coffee or ice cream, describing bitcoin as “the most desirable property in the universe.”
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