MicroStrategy Founder Michael Saylor Plans to Return Bitcoin Wealth to Civilization

Michael Saylor, the executive chairman and founder of MicroStrategy, has expressed his intention to return his significant Bitcoin wealth to “civilization” after his passing. In a recent interview with Madison Reidy on "Markets with Madison," Saylor shared his vision for his Bitcoin holdings, emphasizing his lack of heirs and his desire to contribute to the greater good.

“I’m a single guy with no children—when I’m gone, I’m gone. Just like Satoshi left a million Bitcoin to the universe, I’m leaving whatever I’ve got to civilization,” Saylor stated, indicating a willingness to relinquish his wealth for a broader purpose.

As of January 2024, there are approximately 19.6 million Bitcoins in circulation, with only 1.4 million left to be mined out of a total supply cap of 21 million. Bitcoin is projected to reach its maximum supply by 2140, after which miners will no longer receive new tokens as rewards. If Saylor follows through on his plan to return his BTC to the market, it could rejuvenate the global supply of Bitcoin.

Saylor draws parallels between his vision and that of Bitcoin’s mysterious creator, Satoshi Nakamoto, who is rumored to hold around 1.1 million BTC. Since disappearing in 2011, Nakamoto’s wallet has remained largely inactive, although it recently received a transaction worth $1.2 million from an unidentified source.

Saylor believes Bitcoin serves as a foundational element for civilization. He likens it to “the recipe for civilization,” providing a solid, granite-like base upon which society can build. He referenced a biblical principle about constructing solid rock rather than sinking sand, suggesting that Bitcoin represents stability in a fluctuating world.

In August 2024, Saylor revealed he owns more than $1 billion in Bitcoin, which, at the time, was valued at approximately $56,000 per coin. This means his holdings amount to around 17,857 BTC, a figure that could exceed $1.1 billion given Bitcoin’s recent price increases.

MicroStrategy, under Saylor's leadership, has accumulated the largest corporate Bitcoin reserve, boasting a total of 252,220 BTC, following a recent purchase of 7,420 BTC on September 20. By March 2024, MicroStrategy's assets accounted for over 1% of the entire Bitcoin market, reflecting an unrealized profit margin of around $6 billion.

Saylor’s commitment to sharing his wealth after his death adds a unique perspective to the ongoing discourse about cryptocurrency and its role in society, positioning Bitcoin as a tool for long-term impact rather than mere personal profit.