#SaylorBTCPurchase

Michael Saylor, one of the co-founders of MicroStrategy, is known for his strong belief in Bitcoin. In 2020, under his leadership, MicroStrategy became the first publicly traded company to purchase Bitcoin as a treasury reserve asset. Saylor believes that Bitcoin is superior to cash due to its scarcity, decentralization, and resistance to inflation. Since then, MicroStrategy has continued to buy large amounts of Bitcoin, often during market downturns. To date, the company holds more than 100,000 BTC. Saylor views Bitcoin as digital gold and a long-term store of value. His bold strategy has influenced other institutions to consider Bitcoin as part of their portfolios.