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Bitcoin bull Michael Saylor reportedly owns about $866 million of the cryptocurrency – and says the token is headed to $6 million
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Andriy Onufriyenko
MicroStrategy has been acquiring bitcoin since 2019, and Chief Executive Officer Michael Saylor revealed he has a stash of his own.
The bitcoin evangelist personally owns at least 17,732 bitcoin, according to details from a November interview with The Information published in a Tuesday newsletter. At bitcoin's current price of around $48,888, that means his stash of tokens is worth about $866 million.
He's never sold any of his tokens, and in general, he doesn't «believe you should sell your bitcoin,» The Information reported.
That makes sense, considering Saylor said he sees bitcoin eventually reaching $6 million per token. That's a surge of more than 1,200% from current levels.
Saylor famously lost $6 billion in a single
Read more on markets.businessinsider.comAbout this in other media
Bitcoin holdings of public companies have surged in 2021 cointelegraph.com /2 years ago
MicroStrategy Shares Jump as Firm Buys More Bitcoin at USD 49K cryptonews.com /2 years ago
MicroStrategy just spent $94 million to buy another 1,914 bitcoin, and its overall stake is now worth $5.9 billion markets.businessinsider.com /2 years ago
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