The new year has proven to be lucrative for one of crypto’s most recognizable figures, Michael Saylor. His rising wealth and inclusion in a global billionaire ranking underscore his enduring influence in the digital asset world.
$7.37 Billion Net Worth and Rising
MicroStrategy co-founder and executive chairman Michael Saylor has entered the Bloomberg Billionaire 500 Index with an estimated net worth of $7.37 billion. Since January, his fortune has increased by 15.8%, driven largely by a 12% climb in MicroStrategy stock.
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According to Bloomberg, around $650 million of Saylor’s wealth is in cash, while $6.72 billion is tied to MicroStrategy equity. On Friday, company shares closed at $335.87, reflecting the firm’s continued prominence in the market.
Among Crypto Billionaires
Saylor joins a growing list of crypto billionaires on Bloomberg’s index. Coinbase CEO Brian Armstrong ranks 234th with a net worth of $12.8 billion, while Binance founder Changpeng “CZ” Zhao holds the 40th spot at $44.5 billion.
Notably, former FTX CEO Sam Bankman-Fried was once included before the exchange’s collapse in November 2022.
MicroStrategy’s Bitcoin Strategy
MicroStrategy remains famous for its bold Bitcoin acquisition strategy. The company holds around 659,739 BTC — roughly 3.42% of the total circulating supply. Executives insist their large-scale purchases do not impact Bitcoin’s market price directly.
Despite strong performance earlier in the year, MicroStrategy shares have declined 12.4% over the past 30 days. Moreover, the firm’s exclusion from the S&P 500 in August left some investors disappointed, even though it remains part of the Nasdaq 100.
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