The co-founder of the Strategy and Executive President Michael Saylor has seen its net value rise by $ 1 billion since the start of the year, coinciding with its beginnings on the Bloomberg Billionaire 500 index.
Saylor ranks 491st on the billionaire Bloomberg index with an estimated net value at $ 7.37 billion, up 15.80% since January 1. During the same period, the actions of its corporate strategy (MSTR) won almost 12%, according to Google Finance.
According to the index, which follows the 500 richest people in the world according to their net value, around $ 650 million in Saylor fortune are in cash, while the remaining $ 6.72 billion is linked to strategic equity.
Saylor joins other cryptographic billionaires on the list
Saylor joins other cryptographic billionaires on the Bloomberg list, including CEO Coinbase, Brian Armstrong, which is classified 234th with a net value of $ 12.8 billion, and the founder of Binance Changpeng “Cz” Zhao, held 40th place with 44.5 billion dollars.
The former CEO of the FTX, Sam Bankman Fried, was also on the list before the Crypto Exchange collapsed in November 2022.
The strategy is best known for its aggressive Bitcoin (BTC) accumulation strategy. The company currently holds around 659,739 BTC, worth $ 72.9 billion at the time of publication, or approximately 3.42% of the supply of Bitcoin circulation, according to Strategytracker.
However, the strategy insists that its important purchase of bitcoin does not influence the market. “The way we buy Bitcoin is that we do not move the price of Bitcoin,” said the Strategy business treasurer.
The course of the strategy action is decreasing in the last 30 days
Friday, strategy actions ended the day of 2.53% more, although it remains of 12.4% in the last 30 days.
In relation: The strategy adds $ 449 million in Bitcoin, increasing the total from August to 7.7,000 BTC
It then comes that the strategy was excluded from the S&P 500 in August – a disappointment for certain market players who expected the Bitcoin accumulation company to make the cut.
Friday, Cointelegraph reported that although the company meets all the requirements and that it is already included in the Nasdaq 100, one could always refuse inclusion if the committee responsible for assessing the rules of companies against adding it after adopting a “holistic” vision of the potential candidate.
Review: Bitcoin can flow “below $ 50,000” in bears? Justin Sun’s WLFI Saga continues: Hodler’s Digest, August 31 – September 6