Michael Saylor: The Architect of MicroStrategy’s Huge Bitcoin Bet

Michael Saylor's decades-old bundle improvement steadfast <a href="https://www.coindesk.com/business/2022/08/04/michael-saylor-lost-big-in-the-dot-com-bubble-and-bitcoins-crash-now-he-aims-to-rebound-again/" target="_blank">MicroStrategy blazed the way </a>for firm bitcoin purchases opening successful 2020. Through monolithic securities sales, he's managed to money the acquisition of billions of dollars worthy of bitcoin for his company. Tesla and Block dabbled successful the strategy successful years past. After the disfigured crypto wintertime enactment a damper connected that, successful 2024, different publically traded companies similar Semler Scientific copied the idea. Is it a fad similar <a href="https://www.coindesk.com/markets/2024/11/25/bitcoin-buying-plans-are-supercharging-stocks-is-this-a-michael-saylor-redux-or-another-long-island-iced-tea-fad" target="_blank">adding "Blockchain" to firm names</a> successful the 2010s to foodstuff banal returns, oregon is hoarding bitcoin connected equilibrium sheets (<a href="https://www.coindesk.com/policy/2024/11/18/can-a-strategic-bitcoin-reserve-move-forward-without-congress-experts-disagree/" target="_blank">including the U.S. government's</a>) thing enduring? Saylor has bought the archetypal crypto done heavy and thin, truthful the trial volition beryllium whether the inclination persists beyond the existent red-hot infinitesimal pursuing Donald Trump's election. But there's nary denying <a href="https://x.com/saylor/status/1762841814317343175" target="_blank">Saylor's laser eyes</a> sparked something.

This illustration is portion of CoinDesk's Most Influential 2024 package. For each of this year's nominees, click present <u>[ADD LINK BEFORE PUBLISHING]</u>.