PakGazette: Michael Saylor, prominent evangelist and co-founder of MicroStrategy, took to his social media account X (formerly popular as Twitter) to share an important reminder about BTC with the community.
In this tweet, he urged the community to start (or continue) accumulating the world’s flagship digital currency before it is too late to do so. “Did you stack bitcoins this year?” MicroStrategy’s Saylor tweeted.
He also revealed how much Bitcoin Elon Musk’s Tesla (NASDAQ:) now holds.
List of Top 60 Bitcoin Holders by Michael Saylor
Saylor published a list of the 60 largest institutional Bitcoin holders worldwide. MicroStrategy comes in first place, with its bag of 444,262 Bitcoin, followed by Marathon Digital (NASDAQ:), which has 44,394 BTC, a roughly 10x difference between these two. Next comes Riot Platforms (NASDAQ:) and Hut 8: Saylor has mentioned these three companies several times in his tweets lately since they started accumulating Bitcoin to form their own strategic BTC reserves, following MicroStrategy’s playbook.
Tesla, Elon Musk’s electric car producing giant, is fifth on this list with 9,720 BTC in its reserve. Tesla is followed by the largest US cryptocurrency exchange, Coinbase (NASDAQ:), which has reserves of 9,480 BTC.
This list also includes giants like Mike Novogratz. digital galaxy (TSX:) (5400 BTC), Jack Dorsey’s Block (8363 BTC), etc. – companies not only from the US, but also those based in Canada, Singapore, Norway, Thailand, Germany, Japan and other countries around the world. Together, these 60 entities own a total of 591,368 Bitcoin worth $54,225,094,424 at the current exchange rate.
Earlier this week, MicroStrategy announced another massive Bitcoin acquisition worth $561 million worth of BTC made at an approximate purchase price of $107,000 per one BTC.
MicroStrategy’s $299M “Bitcoin Giveaway”
As PakGazette reported, earlier this week, Michael Saylor shared his company’s Bitcoin performance for MSTR holders last week; These are shareholders who helped MicroStrategy raise funds for its Bitcoin acquisition over the past two years and purchased its senior convertible notes.
According to his tweet, last week, MicroStrategy’s treasury operations helped generate a BTC return of 0.72%, which was equivalent to a net profit of 3,177 BTC. At the time this tweet was posted, it comprised approximately $299 million, a “Bitcoin gift” to MSTR shareholders, according to Saylor.
