Michael Saylor, the executive chairman of Strategy, has shared a post to reaffirm his ultra-bullish stance on the original crypto among the global community.
He shared an interview he gave to a crypto investor, internet celebrity and CEO of Real Vision Raoul Pal. That interview, according to Pal, “started in all for many in 2020,” and it was “likely the first to explain the real reason behind the wave of Bitcoin treasury companies.”
Pal also shared that this is “one of the most viewed interviews of all time” he hosted. Saylor retweeted it, adding his comment.
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"Irresponsibly long Bitcoin": Michael Saylor
Saylor stated that this was when he “first decided to get irresponsibly long Bitcoin.” This phrase, “irresponsibly long” was used by Saylor in this 2020 interview to characterize Pal’s statement that all major figures in the world of finance made their real wealth on just “one clear bet” and then pursued it, such as Bill Gates, who did not sell his Microsoft shares.
When I first decided to get irresponsibly long Bitcoin. https://t.co/PquHIySxoW
— Michael Saylor (@saylor) June 30, 2025
Saylor did not agree with that term at first, saying that it is “unfortunately rational.” Overall, Saylor told Pal about his MIT background, about founding MicroStrategy in 1989 and then about his other business ventures in the 21st century.
MicroStrategy stacked cash and came up with a big cash reserve before the pandemic hit the world in 2020, and Saylor then decided to start buying Bitcoin with it in August 2020, making MicroStrategy the first Bitcoin treasury company in history. He did a lot of research, looking at various assets, even at gold, and then finally decided to opt for BTC since equities, bonds, stocks and gold presented too much risk, while he started viewing Bitcoin as “hard money” versus gold.
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Strategy about to buy more BTC
Saylor stated that when anything that intelligent people can produce using their brain and capital succeeds, it will be overproduced — like oil or gold. Then its supply will be doubled or even quadrupled. However, you cannot overproduce Bitcoin, he said, since it has a hard cap of only 21 million coins.
As of now, Saylor’s Strategy holds 592,345 BTC. This year, the company has been constantly raising additional funds through issuing convertible notes to buy more Bitcoin. These purchases are usually announced by Saylor every Monday. This means that today, another purchase is likely to be announced.
