MIchael Saylor is on top of the world right now, because he has taken what used to be a total train-wreck of a company from the Internet Bubble era, Microstrategy (MSTR) and turn it into a giant Bitcoin holding company. Note how volume has surged lately.
Using our Market Cap chart, you can see that this sucker, as of Friday (NOT including today’s lift!!!!!) is about $55 billion. Let’s call it $60 billion, which is probably conservative considering today’s rise.
Oddly, though, his entire $BTC holdings are worth less than HALF as much, and the rest of Microstrategy is pretty much inconsequential.
Just sayin’.