MicroStrategy co-founder and executive chairman Michael Saylor has seen his personal fortune increase by roughly $1 billion since January, coinciding with his recent entry into the Bloomberg Billionaires Index.
As of now, Saylor holds the 491st position on the ranking, with Bloomberg estimating his net worth at $7.37 billion — a jump of 15.8% since the beginning of the year. During the same timeframe, shares of MicroStrategy (MSTR) have climbed nearly 12%, according to Google Finance data.
Bloomberg’s Billionaire Index, which monitors the 500 wealthiest individuals globally, shows that about $650 million of Saylor’s assets are in cash, while the bulk — around $6.72 billion — comes from his stake in MicroStrategy.
Part of the Crypto Billionaire Club
Saylor’s inclusion places him alongside other major crypto figures. Coinbase CEO Brian Armstrong sits at number 234 with a net worth of $12.8 billion, while Binance founder Changpeng “CZ” Zhao ranks 40th with $44.5 billion.
Sam Bankman-Fried, the disgraced ex-FTX chief, was also featured on the list prior to FTX’s implosion in late 2022.
MicroStrategy is widely recognized for its bold Bitcoin accumulation approach. The company now owns around 659,739 BTC, valued at roughly $72.9 billion, representing about 3.42% of Bitcoin’s circulating supply, according to StrategyTracker.
Despite this massive position, the firm maintains its buying activity does not distort the market. “The way we purchase Bitcoin is structured so it doesn’t impact price movements,” explained Shirish Jajodia, MicroStrategy’s treasurer and head of investor relations.
Market Performance and S&P 500 Snub
On Friday, MicroStrategy stock closed with a 2.53% daily gain, though it has fallen by 12.4% across the last month.
The company’s recent exclusion from the S&P 500 also came as a letdown for investors who had hoped the Bitcoin-focused firm would be added to the index. While MicroStrategy already meets the technical requirements and is a member of the Nasdaq 100, the S&P committee has the discretion to reject candidates after reviewing them on broader, more qualitative factors.
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