Michael Saylor, CEO of MicroStrategy, recalled his company’s successful 1998 Nasdaq debut while advocating for bitcoin at the Bitcoin 2023 conference. Since 2020, MicroStrategy has amassed 444,262 bitcoins, valued at around $42 billion, boosting its market cap dramatically. Despite a failed push to influence Microsoft shareholders to invest in bitcoin, Saylor remains committed, envisioning bitcoin as a pivotal technology. His advocacy, likened to real estate strategies, contrasts with critics who label his approach as reckless. Following a surge in bitcoin’s price post-Trump’s election, Saylor continues urging companies to adopt similar strategies for leveraging their cash into bitcoin.
