Michael Saylor’s Strategic Bitcoin Holdings: Nearly 500K BTC Locked In

Michael Saylor’s company, Strategy, holds nearly 500,000 BTC, valued at $33.1 billion, without selling or acquiring additional shares recently. A dividend of $1.24 per share has been declared, while Saylor continues to advocate for favorable crypto policies and predicts BTC’s potential rise to $13 million by 2045.

Michael Saylor remains resolute in his bitcoin strategy, as his company, now known as Strategy, holds nearly 500,000 BTC valued at $33.1 billion. In a recent filing with the U.S. SEC, Strategy reported its BTC total at approximately 499,096 BTC, acquired for an average of $66,357 per bitcoin.

Between February 24 and March 2, Strategy did not engage in selling shares from its offering program nor did it purchase any additional bitcoins. On March 3, Saylor shared on social media: “Last week, Strategy did not sell any shares… and did not purchase any bitcoin.”

Beyond its BTC investments, Strategy announced a quarterly cash dividend of around $1.24 per share for its 8.00% Series A perpetual preferred stock, payable on March 31 to shareholders on record as of March 15.

Saylor is a passionate bitcoin supporter and maintains an optimistic forecast for its future, predicting BTC could soar to $13 million by 2045, with potential highs of $49 million and lows of $3 million. He has recently engaged with the SEC’s Crypto Task Force and the U.S. House Financial Services Committee, advocating for regulatory frameworks to support digital assets.

Michael Saylor’s unwavering commitment to bitcoin is showcased through Strategy’s substantial holdings and strategic decisions, alongside his advocacy for favorable crypto policies. With a bold vision for the future of BTC, he continues to actively influence discussions around the regulatory landscape for digital assets. As the crypto community watches closely, Saylor’s predictions and advocacy efforts could significantly shape the future of bitcoin investment and regulation.

Original Source: news.bitcoin.com

About Nina Oliviera

Nina Oliviera is an influential journalist acclaimed for her expertise in multimedia reporting and digital storytelling. She grew up in Miami, Florida, in a culturally rich environment that inspired her to pursue a degree in Journalism at the University of Miami. Over her 10 years in the field, Nina has worked with major news organizations as a reporter and producer, blending traditional journalism with contemporary media techniques to engage diverse audiences.

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