Michael Saylor, MicroStrategy’s CEO the largest Bitcoin Holder, Steps Down After 918.1 m Loss. Saylor Takes A New Post As Executive Chairman

This image is a comparison of BTC and MSTR in the last 6 months.

  • MicroStrategy is the largest publicly known corporate Bitcoin holder, holding approximately 129,699 Bitcoins at an average of $30,700 per coin. 
  • MicroStrategy has put more than $4 billion into Bitcoin since first purchasing it in the third quarter of 2020. To do that, it has issued stock, convertible bonds, corporate debt, and debt backed by some of its bitcoin.
  • The company’s cryptocurrency holdings are currently valued at $2.9 billion on the market. At the conclusion of the first quarter of 2022, MicroStrategy’s Bitcoin holdings were valued around $5.9 billion. Thus, the CEO of MicroStrategy, the largest Bitcoin holder decided to step down and takes a new post as Executive Chairman.

(11/2020 – 08/2022)

If you found this helpful, Subscribe to The Art of the Bubble’s free newsletter.

Join us on Discord for live chat and daily updates.

Find us on Twitter too.

You found this content helpful ?

  1. 1
    Join our free weekly "Bubble Bulletin" for more
  2. 2
    Join us on Discord for live chat and daily updates
  3. 3
    Follow us on Twitter
  4. 4
    Share this content using the buttons below :

Disclaimer

This piece of content is provided for educational and entertainment purposes only. Robin Technologies and Analytics LLC is the firm that distributes 1.2 Labs products. The firm does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments; nor is Robin Technologies and Analytics LLC registered as an investment adviser or broker-dealer in any jurisdiction.

You should expect no financial returns one way or another based on statements contained herein. These points hold equally for any statements that could be attributed to The Art of The Bubble or any related business entities or personnel operating in association with Robin Technologies and Analytics LLC.

If you decide to buy or invest in anything, then your returns and potential losses are your own. No statements about taxation are taxable advice and you are encouraged to consult your own tax professional. You are also encouraged to do your own due diligence before investing in anything.

RELATED POSTS:

February 5, 2023

December 13, 2022

March 20, 2023

January 26, 2023

July 23, 2022

July 16, 2023

August 24, 2022

November 2, 2022

April 4, 2023

LATEST POSTS:

May 16, 2024

May 15, 2024

May 14, 2024

May 9, 2024

May 8, 2024

May 7, 2024

May 6, 2024

May 2, 2024

May 1, 2024

What do do now?

Join the free 1.2 Labs "Bubble Trading" Bulletin for new trading strategies, macro & sentiment analysis and occasional free airdrops