'It's for Everyone': With $60 Billion in Bitcoin, Strategy's Michael Saylor Appeals to the Masses
David ClarkeStrategy founder Michael Saylor spoke to Bitcoin die-hards in Las Vegas this week, but his message was targeted at non-believers.[...]
Michael Saylor Touts Bitcoin as "Perfected Capital" for Wealth Creation
In his speech at the Bitcoin 2025 conference in Las Vegas, Strategy CEO Michael Saylor championed Bitcoin as a virtually foolproof path to wealth creation for individuals and businesses alike. Saylor, a renowned Bitcoin maximalist, proclaimed that the world's oldest cryptocurrency is "engineered to outperform everything" due to its "incorruptible" and "programmable" nature.
Saylor's sales pitch was primarily aimed at crypto-curious listeners watching the event via livestream, stressing that Bitcoin is "not [just] for multi-billion-dollar companies" but "for everyone." He urged his audience to trade their fiat currency, long-term capital, bonds, and even inferior equity and real estate for Bitcoin, touting the asset's ability to outperform other investments.
The Strategy executive also highlighted the company's use of AI tools to transform the average person into "100 super-geniuses," advising his listeners to consult AI before seeking advice from lawyers, bankers, or other experts. Saylor revealed that Strategy used AI to help craft its unique stock offerings, which have fueled the firm's bountiful Bitcoin buys.
Strategy's Bitcoin acquisition spree has inspired a growing number of firms to allocate massive amounts of capital to increase their Bitcoin holdings, with public companies like Metaplanet, Semler Scientific, and GameStop joining the trend. Institutional investors have also poured billions of dollars into spot Bitcoin ETFs, further driving up the asset's price, which recently surpassed $109,000 before moderating to just above $104,000.
Saylor's speech seemed largely aimed at ensuring Bitcoin's continued climb to new record highs, bolstered by investments from individuals and institutions worldwide. The Strategy founder rounded out his presentation by advising his disciples to narrow their focus to buying Bitcoin if they wanted to get rich, acknowledging the work of Bitcoin creator Satoshi Nakamoto in his advice.
