Michael Saylor Wants to Burn $1.7 Billion in Bitcoin—Here's Why

Saylor's decision to burn his Bitcoin keys after death could impact confidence in the sector.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

May 02, 2026   |   Read online In partnership with TOP PICK FOR YOU Invest Michael Saylor Wants To Burn His $1.7 Billion Bitcoin Fortune After Death — Why It's Not A Good Idea Michael Saylor plans to burn his Bitcoin private keys after his death, enhancing the scarcity aspect of the cryptocurrency, expected to drive up value. Read More ADVERTISEMENT Scale Your IRL Campaigns Like Digital Ads Out Of Home advertising has long been effective but hard to scale—until now. AdQuick makes it simple to plan, deploy, and measure campaigns with the same efficiency and insight you expect from online marketing tools. Marketers agree: OOH is powerful for brand growth, driving new customers, and reinforcing messaging. AdQuick makes it easy, intuitive, and data-driven—so you can treat real-world campaigns like any other digital channel. Learn more, visit AdQuick.com PERSONAL FINANCE Invest Dave Ramsey Warns 401(k)s May Fall Short — AARP Concurs, Urges Adding A Roth IRA Financial expert Dave Ramsey suggests that relying solely on a 401(k) may not suffice for retirement. He advocates for combining it with a Roth IRA for more investment options and tax benefits. Read More BUSINESS Business Donald Trump Decides to Lift Whisky Tariffs After Four-Day State Visit of King Charles III and Queen Camilla US President Trump cancels whisky tariffs after King Charles' visit, signaling improved US-UK trade relations. The move is expected to benefit the Scotch whisky industry and ease trade tensions. Read More PERSONAL FINANCE Personal Finance David Bach's $5-A-Day Rule Could Make You A Millionaire — Even If You 'Start At 19, Stop At 26' David Bach's strategy shows how saving £5 a day from age 19 to 26 can lead to a millionaire retirement, highlighting the power of early investing and compounding. Read More ADVERTISEMENT 5 Defense Stocks Most Investors Haven't Found Yet AI-integrated systems. Satellite infrastructure. Advanced aerospace platforms. Five companies are winning significant Pentagon contracts in each, and we profiled all of them in one free research report. See the report PERSONAL FINANCE Personal Finance 'This is How I Made My First $1 Million': Fox News Host Who Earns $10M A Year Reveals Her Mum's Money Tip Fox Business host Maria Bartiromo, who earns $10M (£7.9M) a year, says her mother's childhood saving lessons laid the foundation for her $50M net worth. Read More IBTimes Mags World Trump Announces Medicare Patients to Get Weight Loss Drugs Like Ozempic for $50 Monthly Starting July President Trump announces Medicare will cover GLP-1 weight-loss drugs, sparking debate over economic implications and public health benefits. World Strait Blockade Yields Result as Iran Adjusts Hormuz Demands, Paving the Way for Ceasefire Talks While Decoupling Nuclear Issue Iran proposes simultaneous lifting of the Hormuz blockade and ceasefire talks, potentially reviving stalled negotiations with the US. This shift could lead to a phased diplomatic approach. World 'Fake American': MAGA Outrage as Pope Leo XIV Picks Peru Over Team USA Amid Heated Trump Feud Pope Leo XIV has sparked outrage among Donald Trump supporters after a resurfaced interview showed the American‑born pontiff saying he would cheer for Peru over the United States at the World Cup. World Fuel Costs Soar for Air France-KLM as Middle East Conflict Triggers Urgent $2.4 Billion Budget Warning European airline group Air France-KLM has raised prices as fuel costs surge amid the Iran war, while warnings from the International Energy Agency highlight fears Europe could face jet fuel shortages within weeks. World Donald Trump's Shocking Toast Question to King Charles Exposed by Lipreader at State Dinner A lipreader claims Donald Trump asked King Charles III if he was 'drunk' at a state dinner, a stark contrast to the King's formal appeal to renew the 'indispensable' UK-US alliance.   Update your email preferences or unsubscribe here © 2026 IBT Media Type Sierra Quebec Bravo, 77 Marsh Wall, London, England E14 9SH, United Kingdom Powered by beehiiv Terms of Service