Most Influential 2021: Michael Saylor

The MicroStrategy CEO will buy the dip and the top. He’s in the market for bitcoin.

Dec 9, 2021
CoinDesk Insights

Michael Saylor has probably spent more on bitcoin at this point than anyone else – and he’s still buying. The CEO of MicroStrategy, a publicly traded business software company that now operates more like an unregistered bitcoin exchange-traded fund (ETF), started his BTC binge with the firm’s cash reserves in 2020 and hasn’t stopped. Sometimes he buys the dip, sometimes at peaks, a sort of institutional-grade dollar cost averaging. To date, MicroStrategy has bought 122,478 BTC (worth about $6 billion), and Saylor is still on the market.

Obviously, Saylor has unique views on bitcoin. In addition to being the world’s most secure digital asset (not a currency), bitcoin is “energy,” a creative life force, he says. Fiat, by comparison, is a dead end.

(Kevin Ross/CoinDesk)


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