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Michael Saylor's Bitcoin Accumulation and the Cryptocurrency Milestone

Explore Michael Saylor's significant Bitcoin holdings and the 16-year milestone of Bitcoin's hard-capped supply.
Published on 2025-01-08

Michael Saylor's Bitcoin Advocacy

Michael Saylor, CEO of MicroStrategy, is a prominent advocate for Bitcoin, frequently sharing insights and updates about the cryptocurrency. His recent post featuring an AI-generated image of himself with Bitcoin highlights his belief that Bitcoin ownership is highly desirable.

Bitcoin's 16-Year Milestone

Bitcoin recently celebrated a significant milestone—16 years since its creator, Satoshi Nakamoto, announced a hard-capped supply of 21 million BTC. As of now, approximately 19.8 million Bitcoins are in circulation. The complete supply is anticipated to be unlocked by 2140.

The Irrecoverable Bitcoin

Bitcoin's finite nature is further complicated by the disappearance of its creator and the potential loss of Bitcoins in forgotten wallets. With some estimating that around one million BTC may never be recovered, the actual available supply could be much lower than 21 million.

MicroStrategy's Bitcoin Holdings

MicroStrategy, under Saylor's leadership, has become one of the largest corporate holders of Bitcoin, with approximately 447,470 BTC. This strategic accumulation underscores the growing competition for Bitcoin ownership, as more individuals and corporations vie for a share of the limited supply.

The Ongoing Accumulation

Saylor's consistent purchasing of Bitcoin over the past eight weeks reflects his unwavering commitment to increasing his holdings. This strategy aligns with his belief in Bitcoin's long-term value and potential as a leading digital asset.

By understanding these key points, it becomes evident why Bitcoin remains a focal point for investors and enthusiasts alike.

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