Saylor's stash

Michael Saylor, the chair of MicroStrategy, owns over a billion dollars worth of bitcoin (BTC).

Why it matters: His company is already one of the largest holders of BTC in the world that anyone knows of for sure, but it turns out he's even more exposed to the world's oldest cryptocurrency.

The latest: He was on Bloomberg talking about the dip this week, and he repeated something he'd said in 2020 when he disclosed that he had 17,732 BTC (a billion dollars worth).

• He also noted that he never sells and he continues to buy, but he didn't update the number.
• Binance controls more BTC than MicroStrategy, but most of that is likely to belong to its users, rather than the company.

Zoom out: Saylor is also a major owner of his company, holding at least 10% of its stock.

• Which would mean, roughly, that at a minimum he indirectly owns another 22,600 BTC, in a way.

The bottom line: Saylor is a true mega bull of bitcoin, one who predicts wild success for the asset.

• If he is even a little right he stands to be an epically wealthy individual, but he'll probably also do OK even if he's largely wrong.