From Cointelegraph
June 12, 2025 2:10:00 am:

In 2020, Michael Saylor invested in Bitcoin due to COVID-19 restrictions and US central bank policies. He saw a “war on currency” during lockdowns and low interest rates, causing a “bifurcation of Main Street and Wall Street.” Saylor bought $250 million worth of BTC in August 2020, now holding 582,000 BTC.

Saylor described the COVID lockdown as a “massive panic” leading to hyperinflation in financial assets. Stock markets recovered due to the Federal Reserve printing money, enriching investment managers. Saylor felt his cash reserves were non-performing, prompting him to seek a solution, ultimately turning to Bitcoin as a store of value.

Feeling the urgency to preserve his wealth, Saylor explored various investments before settling on Bitcoin. Initially skeptical, he started studying crypto and realized it was a non-sovereign store of value. MicroStrategy made its first BTC purchase in August 2020, acquiring 21,454 coins for $250 million. The company now holds 582,000 BTC worth around $63 billion.

Read more at Cointelegraph.com

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