#SaylorBTCPurchase

#SaylorBTCPurchase Michael Saylor and the “pursuit” of Bitcoin

Michael Saylor is the co-founder and executive chairman of MicroStrategy, an American software company. Since 2020, he has become one of the most fervent supporters of Bitcoin.

What he does:

• He views Bitcoin as the best store of value in the world, superior to gold.

• Since August 2020, MicroStrategy has been regularly purchasing Bitcoin with its cash reserves, profits, and even on credit (loans, stock issuance, etc.).

• He calls this strategy his “perpetual Bitcoin pursuit.”

• To date, MicroStrategy holds over 200,000 BTC, making it the largest publicly traded holder of Bitcoin in the world.

Why he does it:

• He believes that the dollar and other fiat currencies are depreciating due to inflation.

• He sees Bitcoin as “insurance” against currency devaluation and an “uncorruptible” digital asset.