CNBC: Michael Saylor’s personal wealth soared by US$700 million in three days, reaching nearly US$3 billion

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Cointime2024/02/29 00:15

By:Cointime

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.

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