Co-founder and CEO of MicroStrategy, which is now called Strategysaid he would simply burn his bitcoins Michael Saylor, which previously wanted to donate his thousands of BTC for the benefit of humanity, suddenly changed his mind. Now he wants to burn the private keys before he dies. About this, Sailor said during an interview with CoinDesk.
It would be «an ethically correct, ethically sound form of charity» that would yield «economic immortality», he explained.
Thus, removing Sailor’s share from circulation would reduce the total supply of bitcoin and thus make the asset even more valuable. This move would make «everyone in the network much richer and more powerful than».
«We are all in this together, from now until eternity. This is my legacy».
Strategy is the largest corporate owner of bitcoin. Currently, the company owns 506,137 BTC, which at current prices is approximately 44.3 billion. Sailor himself owns more than $1.5 billion in bitcoin (about 17,857 BTC). The businessman is 60 years old and has no descendants.