Well, it looks like Michael Saylor, the man with a serious obsession for Bitcoin, has officially made it onto the Bloomberg Billionaires Index. You know, the one that tracks the *super* rich people. He’s the strategy co-founder and executive chairman of MicroStrategy, and somehow, he’s now a billion-dollar man. Cue the applause! đ
This surge in wealth just so happens to coincide with MicroStrategyâs relentless Bitcoin buying spree, and, of course, Bitcoin’s price going absolutely bananas in 2025. With 636,505 BTC tucked away in his company’s vault, heâs now holding the record for the *most* extensive corporate crypto stash. Eat your heart out, other billionaires! đ
MicroStrategy, the company Saylor founded in 1989 (before Bitcoin was even a twinkle in Satoshi’s eye), now has $650 million in cash just hanging around, waiting to be spent, and a jaw-dropping $6.72 billion tied up in company stock. This is what happens when you keep putting all your eggs in the Bitcoin basket. đ„đ°
The most recent purchase? A mere 4,048 BTC, bought on September 2, at the average price of $110,981 per coin. Thatâs about $449.25 million spent on Bitcoin like it’s going out of style. But wait, it gets even better! Earlier purchases included a bunch of other BTC at prices ranging from $116K to $119K per coin. Someoneâs feeling *very* bullish. đ
As for Bitcoin’s performance? Itâs currently trading at around $111,000, a tad bit down from its previous high, but letâs face it: Saylor doesnât mind the little bumps in the road when youâre sitting on that much crypto gold. đ
MicroStrategy’s Bitcoin Strategy Has Done Wonders for Saylor
With this much Bitcoin on the books, itâs no surprise that Saylorâs new ranking lands him among the elite of the crypto world. Heâs rubbing shoulders with other crypto moguls like Coinbaseâs CEO Brian Armstrong, whoâs worth $12.8 billion, and Binanceâs Changpeng âCZâ Zhao, whoâs sitting pretty at $44.5 billion. The crypto billionaire club is growing, and Saylor just got his shiny new membership card. đ
Now, it hasnât all been sunshine and rainbows. MicroStrategyâs strategy (yes, thatâs right) has raised eyebrows, especially when the company got snubbed by the S&P 500 in August. Guess they didnât want a crypto-loving giant messing up their vibe. Oh, and thereâs that ongoing lawsuit with investors who think Saylor mightâve exaggerated the *slight* risks associated with betting the farm on Bitcoin. Whoops! đŹ
In conclusion: Michael Saylorâs debut on the billionaire index is a nice little reward for his borderline obsession with Bitcoin. But whoâs counting? Certainly not him. After all, heâs too busy accumulating Bitcoin like itâs the worldâs most valuable currency. Spoiler alert: It probably is. đ€
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2025-09-07 20:42