Michael Saylor, co-founder of Strategy, has become a symbol of cryptocurrency adoption in the corporate sector by adapting his company to work with Bitcoin.
Bitcoin Awakening
In August 2020, Michael Saylor made a bold leap into cryptocurrencies by allocating $250 million to purchase Bitcoin. This move was the largest acquisition by a publicly traded company at that time and was driven by concerns over inflation and a weakening dollar.
Expanding Bitcoin Investments
Saylor continued to increase his investments in Bitcoin, stating that his company would hold the cryptocurrency for at least 100 years. He borrowed funds to enhance his crypto assets, and by 2025, his company owned over 2% of Bitcoin's total supply.
Financing through Bitcoin
Saylor applied various financial instruments for funding his Bitcoin purchases, including convertible notes. By mid-2025, Strategy added over 150,000 BTC, estimating its holdings at more than $50 billion.
As the cryptocurrency market continues to evolve, Saylor's strategy may serve as a guide for other companies exploring investment opportunities in Bitcoin.
