- Saylor’s estimated net worth is $7.37 billion, with about $650 million in cash and $6.72 billion in Strategy equity.
- Strategy shares have climbed nearly 12% year-to-date and closed at $335.87 on Friday, according to Google Finance.
- Strategy holds about 659,739 Bitcoin (BTC), worth roughly $72.9 billion, or about 3.42% of circulating supply, per StrategyTracker. Bitcoin is the largest cryptocurrency by market value.
- “The way we buy Bitcoin is we do not move the price of the Bitcoin,” a Strategy official said about the company’s purchasing approach.
Michael Saylor, co-founder and executive chairman of Strategy, has seen his net worth increase by $1 billion since Jan. 1 after debuting on Bloomberg’s Billionaire 500 Index.
The Index lists Saylor at an estimated $7.37 billion, a 15.80% gain since the start of the year. Strategy shares have risen nearly 12% in the same period, and the stock closed Friday at $335.87, per Google Finance.
The Index shows about $650 million of Saylor’s wealth in cash and roughly $6.72 billion tied to his Strategy holdings. Saylor appears alongside other crypto-linked billionaires on Bloomberg’s list, including Coinbase CEO Brian Armstrong, who is ranked 234th, and Binance founder Changpeng “CZ” Zhao.
Strategy is widely known for accumulating Bitcoin. The firm holds approximately 659,739 BTC, valued at about $72.9 billion and representing roughly 3.42% of circulating Bitcoin supply, according to StrategyTracker. Bitcoin (BTC) is the most widely traded digital currency and serves as a common store of value in crypto markets.
On the company’s buying practice, Strategy corporate treasurer and head of investor relations Shirish Jajodia said, “The way we buy Bitcoin is we do not move the price of the Bitcoin.”
Despite recent gains, Strategy stock was up 2.53% on Friday but remained down about 12.4% over the past 30 days. The company was not added to the S&P 500 in August and remains under review for index inclusion.
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