Michael Saylor, co-founder and executive chairman of MicroStrategy, revealed in a recent interview that he plans to give away his Bitcoin wealth after his passing, drawing inspiration from the pseudonymous Bitcoin creator, Satoshi Nakamoto.
Saylor's Vision for Bitcoin
In an interview with The New Zealand Herald, Saylor described Bitcoin as a transformative technology comparable to steel and electricity. He believes that Bitcoin will serve as the foundation for a new economic system, providing "clean, silent, programmable, immortal money." Saylor emphasized that traditional currencies lose value over time, but Bitcoin retains economic energy indefinitely.MicroStrategy's Bitcoin Holdings
Under Saylor's leadership, MicroStrategy has amassed 252,200 Bitcoin, worth approximately $16 billion, making it the largest corporate Bitcoin holder. Saylor sees this as part of his broader vision to support humanity by contributing to a decentralized financial future. In his interview, he compared Bitcoin to a battery that never loses its charge, stressing its ability to preserve value over time.Future of MicroStrategy
Earlier this month, Saylor announced that MicroStrategy is shifting its focus from a software company to what he calls a "Bitcoin bank." The company plans to issue securities backed by Bitcoin, which Saylor believes will eventually transform global capital markets. He envisions MicroStrategy reaching a trillion-dollar valuation in the coming years, similar to Satoshi’s early vision for Bitcoin.
Read the full article on
decrypt.