#SaylorBTCPurchase

Mr. Saylor has served as CEO since August 2022. He is the co-founder of Strategy, and previously served as CEO from 1989 to 2022. He is the Chairman of the Board of Strategy, a position he has held since he co-founded the company. He is an American businessman, executive, inventor, and author.

The Bitcoin purchases made by Michael Saylor, the founder and former CEO of MicroStrategy, a publicly traded data analytics company.

Who is Michael Saylor?

Michael Saylor is an American businessman who became one of the leading advocates for Bitcoin in 2020, starting to lead his company to invest in Bitcoin as a treasury reserve asset instead of holding cash.

Bitcoin Purchases:

In August 2020, MicroStrategy made its first significant purchase of around 250 million dollars worth of Bitcoin and continued to regularly buy Bitcoin, sometimes using convertible bonds to raise funds. By mid-2024, it owned over 190,000 Bitcoins, making it the largest publicly traded company holding Bitcoin.

Saylor's Motivations:

He sees Bitcoin as digital gold and a way to hedge against inflation and the loss of purchasing power of cash.

Impact of His Decisions:

Saylor helped bring Bitcoin into the corporate world and even to countries.

It has become a reference for companies considering acquiring BTC.