Scott Melker, host of The Wolf of All Streets podcast, sharply criticized Michael Saylor, co-founder of Strategy, claiming he is one of the worst traders in history.
Reasons for Critiquing Saylor as a Trader
According to Melker, Strategy holds over 528,000 Bitcoins, with 20% purchased above $90,000. He noted that out of nine Bitcoin purchases in 2025, Saylor bought only on three dips, suggesting inexperience in trading decisions.
Saylor's Investment Approach to Bitcoin
Michael Saylor emphasizes acquiring Bitcoin over current USD prices. He believes that price is secondary, stating ‘1 BTC = 1 BTC’. Saylor suggests any current price of Bitcoin is advantageous for long-term investments.
Expert Opinions on the Future of Strategy
Experts, including Crypto Quant CEO Ki Young Ju, assert that Strategy is not on the verge of bankruptcy despite possible losses. Ju suggested bankruptcy would only occur if Bitcoin drops to $16,000, a scenario deemed unlikely in the current economic climate.
Scott Melker's critique of Michael Saylor’s trading ability may be overly harsh, but it prompts a discussion about methods and approaches to cryptocurrency investment, especially considering long-term prospects.
