Michael Saylor’s Bitcoin Legacy to Continue Through Public Charity

• Saylor plans to leave his assets to a public charity dedicated to promoting Bitcoin adoption.  
• MicroStrategy’s Bitcoin-focused strategy will remain unchanged, eliminating “key man risk” after Saylor.  
• Saylor’s charity ensures MicroStrategy’s Bitcoin commitment continues long after his passing.  

Michael Saylor, a prominent advocate for Bitcoin and CEO of MicroStrategy, has revealed his long-term plan to ensure the continued support and adoption of Bitcoin even after his passing. 

In a recent statement, Saylor clarified his intention to leave his stock, shares, and assets to a public charity dedicated to promoting Bitcoin and its adoption. This move will alleviate any concerns regarding MicroStrategy’s direction following his departure.

Saylor, who has no heirs, stated that his assets would flow into a nonprofit foundation that will eventually become a public charity. The primary mission of this charity will be to support Bitcoin and ensure its continued adoption. 

This strategy reflects Saylor’s commitment to Bitcoin, ensuring that MicroStrategy’s crypto approach remains consistent despite his absence. He emphasized that this plan eliminates any potential “key man risk” and reassures stakeholders that MicroStrategy’s focus on Bitcoin will not waver.

Saylor’s approach to Bitcoin is straightforward and long-term. MicroStrategy’s strategy involves raising capital from institutions and investing it in Bitcoin. The company plans to hold onto Bitcoin indefinitely without any intention of selling. 

Saylor pointed out that this unwavering commitment to Bitcoin would continue regardless of his presence. He humorously added that once he is gone, he would no longer be able to make any controversial statements or tweets that could impact the company’s strategy.

As of the latest data, Bitcoin’s price stands at $58,526.59, with a trading volume of $27.7 billion over the last day.

Despite a 2.50% decrease over the previous 24 hours, Bitcoin remains the top cryptocurrency by market capitalization, which currently exceeds $1.1 trillion. The circulating supply of Bitcoin is nearly 19.75 million coins, with a maximum supply capped at 21 million.