Michael Saylor is balls-deep in Bitcoin. Why?

In championing bitcoin as the best sound money ever created, Saylor has repeatedly communicated that the world’s strongest fiat currency, the US Dollar, suffered a debasement of 99% over the course of 90 years.

Ten Reps

9/21/20231 min read

Michael Saylor’s MicroStrategy holds around 152,000 bitcoin as of July 2023, with a total cost basis of about $4.5 billion, and an average purchase price of roughly $29,600.

So the multi-billion dollar question is: why?

In championing bitcoin as the best sound money ever created, Saylor has repeatedly communicated that the world’s strongest fiat currency, the US Dollar, suffered a debasement of 99% over the course of 90 years.

“That’s not money. You’re losing 99% of your wealth over the last 90 years,” he said in a recent podcast with Patrick Bet David.

“The bottom line is: your money in the bank isn’t money. The answer is: you shouldn’t have any money in the bank,” enthused Saylor.

All investors worth their salt do not need to take these words at face value. If you have any semblance of Wealth Kung Fu, do your own calculation on real inflation and fiat debasement.

Then study bitcoin for yourself. There must be a very strong reason why an intelligent man like Michael Saylor is balls-deep in bitcoin investments. Maybe his Wealth Kung Fu is simply years ahead of most Boomers and Gen Xers. Worth researching.