CNBC: Michael Saylor’s personal wealth soared by US$700 million in three days, reaching nearly US$3 billion
CNBC reported that Michael Saylor, the chairman of MicroStrategy, increased his personal wealth by about $700 million after the company's stock and Bitcoin prices rose for three consecutive days.
It is reported that Saylor is the largest investor in MicroStrategy, owning about 12% of the company's shares. He also revealed that he personally owned 17,732 Bitcoins in 2020. Therefore, his holdings and positions increased from $2.27 billion at the beginning of this week to $2.96 billion on Wednesday.
After MicroStrategy's stock price soared 346% in 2023, it has risen 52% this year.
A MicroStrategy spokesperson said that the company would not comment on Saylor's personal financial situation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump Backs Crypto at Summit with Bold Plans
Trump reveals crypto reserve strategy, stablecoin regulation, and U.S. leadership goals at crypto summit.Clear Rules Ahead: Stablecoin Regulation FrameworkMaking the U.S. the Global Crypto Capital
Bitnomial Launches First XRP Futures Contracts in US
Bitnomial introduces the first CFTC-approved XRP futures in the US, offering physically settled contracts to crypto traders.What This Means for Crypto TradersGrowing Regulatory Confidence in XRP
TRX Tokens Now Live on Solana Blockchain
TRX officially launches on Solana, offering faster, cheaper transactions for users and new opportunities for cross-chain DeFi.TRX Launches on Solana NetworkWhat This Means for TRX UsersThe Future of Cross-Chain TRX Usage
Canary files for PENGU ETF
Trending news
MoreCrypto prices
More
