Saylor BTC Purchase 101
Michael Saylor, co-founder and executive chairman of MicroStrategy, is known for his strong belief in Bitcoin (BTC). In 2020, he led MicroStrategy to become the first publicly traded company to invest heavily in Bitcoin as a treasury reserve asset. His first major purchase was in August 2020, when MicroStrategy bought 21,454 BTC for $250 million. Saylor sees Bitcoin as "digital gold"—a hedge against inflation and a superior store of value. Since then, he has continued to accumulate BTC, often using both company funds and personal assets. His bold strategy has made him a leading figure in the Bitcoin community.
