Forbes Valuation

We estimate Michael Saylor’s net worth at $3.2 billion, a fortune primarily derived from MicoStrategy, the software company he founded in the 1990s. Saylor lost his status as a billionaire after the dot-com bubble burst, but rebuilt his wealth through investments in bitcoin over the last decade. He also reoriented his company into becoming a bitcoin treasury, officially renaming it “Strategy” and launching a rebrand that features the digital currency in 2025.

Read more Senate Seeks Delay On Crackdown Of Hemp THC Products

CONTRA

Strategy in June disclosed a $101.3 million bitcoin purchase, at an average price of $65,332.

Read more Todd Blanche Wins Key Confirmation Holdouts—But Questions Over Trump’s $1.8 Billion Fund Linger

Big Number

$126,080. That’s the all-time high price for bitcoin, which the digital asset reached last October. The cryptocurrency’s price has plummeted in the months since.

Read more Ariana Grande Says She ‘Cannot Wait’ For Chicago Shows After Announcing Hiatus Over ‘Endless’ Scrutiny

Further Reading

ForbesBitcoin Hits 3-Week Low As Strategy Plans $5 Billion SaleBy Ty Roush

ForbesBillionaire Saylor ‘Focused On Bitcoin’ As Strategy Shares Plunge And Analysts Caution Against BuyingBy Ty RoushForbesHow Larry Ellison, Masayoshi Son, Michael Saylor And Other Billionaires Are Rewriting Their LegaciesBy Martina Di Licosa

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *