He said "holding on to it any longer benefits nobody", implicitly including himself. He may believe that it's to his advantage for the patent to be more widely used.
Which makes sense--I don't doubt that he is a subject matter expert where this patent is concerned. If this algorithm continues to be widely used or its use increases, then that would be likely be good for him.
Which is kind of the entire point of patents, just that they last way too long relative to the speed of technological progress