Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by vapourminer (1)
I know...bitcoin aims to kill us all with all this turbulence (heart attacks and and failed inheritance transfers), then there will be, like, only Saylor's coins in existence, and then, when he is gone and if he does what he heavily hinted at, there will be a couple of bitcoins for everybody, each at, maybe $100 tril a coin, lol.
Saylor is ONLY talking about allowing his personal stash to burn (die with him) (not the various MSTR stashes that involve fiduciary obligations).
Saylor's personal stash is anywhere between 17k bitcoin and 34k bitcoin. He disclosed his first personal BTC purchases in August 2020 of his initial 17k BTC, and then I think that he might have made some further BTC purchases in late 2022 or early 2023, when he was cashing out of various MSTR stock options that he had at that time.
Based on this article posted August last year he said that...
Quote
He personally owns at least 17,732 Bitcoin, currently valued at approximately $1 billion.
I did some math and what I got is lower than that. I checked bitcoin's price when the article above is posted so I assumed the interview was done by mid of July to 1st week of August. I used this website to check the price of it that time. Let's say that bitcoin's price on the time of interview is somewhere near $65000.
1 000 000 000 (1b) ÷ 65 000 = 15 384 total amount of bitcoin
Even if I use $60000 for each bitcoin, the result would still be less though it's almost near the amount he stated.
We don't know if what he said on the interview is really true or not. He could be holding less or more now of he really keeps accumulating it on his personal portfolio. But I don't think he has 34k bitcoin now. He should have been buying atleast 1k bitcoin every month since August last year if it was really true.