I noticed that Michael Saylor's story is essentially three lives in one. First, he was a successful tech entrepreneur, then he experienced a failure, and now he has become one of the most well-known advocates of Bitcoin. It's interesting how someone who has already lost billions decided on an even riskier bet.

It all started in the late 80s when Saylor founded MicroStrategy — a business analytics company. During the dot-com era, stocks soared, and his personal wealth reached $7 billion. It seemed like the peak had been achieved. But then came 2000, when the SEC accused the company of accounting violations, stocks plummeted, and Saylor lost almost everything. He quietly spent two decades rebuilding, managing MicroStrategy, until a turning point in 2020.

In August 2020, MicroStrategy made a move that many on Wall Street called madness — spent $250 million of corporate reserves to buy Bitcoin. But Saylor didn't stop there. Over several years, the company accumulated over 200,000 BTC, spending billions. Michael Saylor himself also invested hundreds of millions in personal holdings.

What is behind this aggressive strategy? First, he doesn't see Bitcoin as a short-term investment or currency — for him, it's "digital property," surpassing gold in rarity and security. Second, he believes that fiat money inexorably loses purchasing power, and the 21 million coins of Bitcoin are an ideal hedge against inflation.

The most controversial part of his approach is using debt to buy even more BTC. MicroStrategy issued convertible bonds to finance the purchases. The logic is simple: if the cost of debt is lower than the potential return of Bitcoin, it's profitable. High risk, but also high reward.

But most importantly — Saylor thinks for the long term. He isn't waiting for the next bull cycle; he simply buys and holds. This long-term conviction allows him to calmly withstand volatility that would shake out an ordinary investor.

As a result, MicroStrategy has become a company whose stock moves in tandem with BTC's price. Saylor has once again become a billionaire, but this time thanks to crypto assets. Even more importantly, he has become a symbol of institutional recognition of Bitcoin. His example has inspired other corporate leaders to reconsider how they should store cash.

The current BTC price is around $79.24k, down 1.66% in the last 24 hours. Michael Saylor seems unaffected by such fluctuations — his strategy remains unchanged: buy, hold forever, use all available tools to acquire even more.