A study conducted by the Protos, the cryptocurrency information portal, showed how Michael Saylor can become the world’s # 1 trillionaire through his investments in Bitcoin.
Besides having Bitcoin in his own wallet, around 17,732 BTC (BRL 5.7 billion), Saylor also bets heavily on Bitcoin through his company, MicroStrategy, which with its 121,044 BTC (BRL 39 billion) is the company. public with more BTC in cash.
While Saylor is far behind in this race, with other billionaires much closer to reaching that mark, it is possible that he will be ahead of several other billionaires as his company continues to buy more Bitcoin and continues to take. value.
Trillionaires, thank you to the government
As the number of billionaires has grown over time, reaching 2,755 according to Forbes – in dollars – it’s important to note that this is to the credit of governments who, along with inflation, are reducing power to dust. purchase of state currencies.
By comparison, in 1917 there was only one billionaire in the world, John D. Rockefeller, an oil tycoon. With that, we are now in the race to find out who will be the first billionaire, in dollars, in history.
After all, thanks to the devaluation of our currency, there is already at least three trillion reais, if we convert their fortune to BRL. They are Elon Musk, Jeff Bezos and Bernard Arnault, with respectively 1.6, 1.1 and 1000 billion reais.
Could Michael Saylor be the first billionaire?
Although Michael Saylor is far behind, with just $ 2.6 billion, as shown in the image above, he is the only one betting all of his tokens on Bitcoin, converting every dollar he can, hoping that BTC will become a more currency. used than any other.
According to the Protos report, for Saylor to be the world’s first billionaire he has to run against time, after all Musk or Bezos are expected to hit that amount before 2026.
In addition to needing the BTC to reach $ 728,600 by 2025, increasing its value by 13 times, MicroStrategy must also continue to accumulate satoshis. To be more specific, the company needs to have 5,135,544 BTC in cash, roughly 42 times more than it has today, in order for Saylor to become the first trillionaire.
Whether or not this mark has been achieved, what we can analyze are Saylor’s right choices so far. His company’s investments in BTC doubled in value, earning him R $ 19 billion.
In addition to MicroStrategy, Bitcoin is also helping small businesses, like a Canadian restaurant chain which, after starting to use BTC as a store of value, increased its liquidity by 460% amid high global inflation.
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