Michael Saylor, chairman and CEO of MicroStrategy, speaks during the Bitcoin 2022 conference in Miami on April 7, 2022.
While the long-term safety of bitcoin may still be up for debate, Saylor's strategy has been a hugely lucrative one, particularly this week.
Add it up and Saylor is about $700 million richer than he was on Sunday.
Between Saylor's MicroStrategy control and his bitcoin, his holdings climbed to $2.96 billion in value on Wednesday from $2.27 billion at the start of the week.
The company said on Monday that it acquired an additional 3,000 bitcoins for a total of $155 million between Feb. 15 and Feb. 25.
Persons:
Michael Saylor, MicroStrategy's Michael Saylor, Saylor, MicroStrategy, Andrew Kang, bitcoin
Organizations:
MicroStrategy
Locations:
Miami, bitcoin