Michael Saylor, prominent Bitcoin evangelist and MicroStrategy co-founder, has taken to his account on the social media network X (formerly popular as Twitter) to share a big reminder about BTC with the community.
In this tweet, he sort of urged the community to start (or continue) accumulating the world’s flagship digital currency before it is too late to do that. “Did you stack bitcoin this year?” MicroStrategy’s Saylor tweeted.
He also revealed how much Bitcoin Elon Musk’s Tesla now holds.
Did you stack bitcoin this year? pic.twitter.com/uI1j7ZiGKz
— Michael Saylor⚡️ (@saylor) December 27, 2024
Top 60 Bitcoin holder list by Michael Saylor
Saylor published a list of top 60 largest institutional Bitcoin holders around the world. MicroStrategy comes first on it with its 444,262 Bitcoin bag followed by Marathon Digital (MARA) which holds 44,394 BTC – a roughly 10x difference between these two. Then come Riot Platforms and Hut 8 – Saylor has mentioned all these three companies several times in his tweets as of late since they started accumulating Bitcoin to form their own strategic BTC reserves, following MicroStrategy’s playbook.
Elon Musk’s electric car-producing giant Tesla sits on the fifth position on this list with 9,720 BTC in his stash. Tesla is followed by the largest US crypto exchange Coinbase, which owns reserves of 9,480 BTC.
On this list there are also such giants as Mike Novogratz’s Galaxy Digital (5,400 BTC), Jack Dorsey’s Block (8,363 BTC), etc – companies not only from the US, but also those headquartered in Canada, Singapore, Norway, Thailand, Germany, Japan, and other countries around the globe. Cumulatively these 60 entities hold a total of 591,368 Bitcoins worth $54,225,094,424 at the current BTC/USD exchange rate.
Earlier this week, MicroStrategy announced another massive Bitcoin acquisition of $561 million worth of BTC made at an approximate purchasing price of $107,000 per one BTC.
$299 million “Bitcoin gift” from MicroStrategy
As reported by U.Today, earlier this week, Michael Saylor shared the Bitcoin yield earned by his company for MSTR holders last week – those are shareholders to helped MicroStrategy to raise funds for Bitcoin acquisition over the past two years and bought its senior convertible notes.
According to his tweet, last week, MicroStrategy’s treasury operations helped generate a 0.72% BTC yield which equaled a net benefit of 3,177 BTC. At the time when this tweet was published this comprised roughly $299 million – a “Bitcoin gift” to MSTR shareholders, per Saylor.
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