Michael Saylor may burn his Bitcoin before death for “economic immortality”

It would beryllium an “ethically proper, ethically dependable signifier of charity” that would assistance “economic immortality,” added Saylor.

Saylor made these remarks portion speaking to Christine Lee successful an interrogation connected March 25.

Strategy co-founder explained that burning his Bitcoin would trim its supply, making the plus much valuable. The measurement would marque “everyone successful the web overmuch richer and much powerful.”

Saylor added, “We're each successful it together, from present to eternity. So yeah, that's my legacy.” He personally holds much than 17,000 Bitcoin.

Strategy itself would “never sell” its Bitcoin holdings the mode the U.S. authorities has vowed not to, Saylor clarified.

The Bitcoin evangelist predicted Bitcoin’s marketplace capitalization to scope $200 trillion by 2045. As of March 26, it stands astatine $1.7 trillion. Saylor believes that successful 2045, artificial quality (AI) agents volition interact millions of times a 2nd and usage Bitcoin arsenic a basal currency.

Thanks to Saylor’s highly bullish outlook towards Bitcoin, Strategy is the largest firm holder of Bitcoin. The institution presently holds 506,137 Bitcoin, worthy astir $44.3 cardinal astatine existent prices.

As GameStop joined the database of prime companies that adhd Bitcoin to their firm holdings connected March 25, Saylor welcomed the determination connected X (formerly Twitter).

As per Kraken’s terms feeds, Bitcoin was trading astatine $87,818.80 astatine property time. Meanwhile, MSTR was exchanging hands astatine $341.81 astatine property time.