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Consensus Magazine

Most Influential 2021: Michael Saylor

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

By CoinDesk Staff
AccessTimeIconDec 9, 2021 at 9:40 p.m. UTC
Updated May 11, 2023 at 6:26 p.m. UTC
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(Adam B. Levine/Pixelmind.ai)
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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.

The Complete List: CoinDesk’s Most Influential 2021

(Kevin Ross/CoinDesk)
(Kevin Ross/CoinDesk)


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CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.