Who is Michael Saylor?
Michael Saylor is an American entrepreneur and business executive, best known as the co-founder and executive chairman of MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services. Born in 1965 in Lincoln, Nebraska, Saylor attended the Massachusetts Institute of Technology (MIT) on an Air Force scholarship, where he studied aeronautics and astronautics. In 1989, he co-founded MicroStrategy, which initially focused on software development and consulting services. Over the years, the company evolved into a leading provider of enterprise analytics and mobility software.
In recent years, Saylor has become a prominent advocate for Bitcoin, leading MicroStrategy to adopt the cryptocurrency as its primary treasury reserve asset. This strategic shift has positioned MicroStrategy as one of the largest corporate holders of Bitcoin, reflecting Saylor’s strong belief in the cryptocurrency’s potential as a store of value.
In a recent interview with Lara Trump on Fox News, Saylor discussed his journey into the world of cryptocurrency and elaborated on the unique attributes of Bitcoin. He recounted how, in 2020, MicroStrategy faced an existential crisis, prompting him to seek alternative assets to preserve the company’s value. This search led him to Bitcoin, which he describes as “digital gold”—a decentralized, secure, and finite asset that can be transferred globally at the speed of light. Saylor emphasized Bitcoin’s superiority over traditional banking systems, stating that it offers individuals monetary sovereignty and a safeguard against economic uncertainties. He highlighted that Bitcoin’s capped supply of 21 million coins ensures its scarcity, making it an ideal long-term store of value. According to Saylor, Bitcoin represents the safest bank, free from the control of intermediaries and immune to traditional financial risks.
Why Bitcoin?
Michael Saylor and his company, MicroStrategy, began investing in Bitcoin in 2020 as a direct response to growing concerns about the long-term value of their corporate treasury. Amid rising inflation, unprecedented government stimulus, and weakening fiat currencies, Saylor and his board were faced with a question many modern companies are now being forced to ask: “Where can we store value that won’t be eroded by inflation and irresponsible monetary policy?” Their answer was Bitcoin—what they came to view as “digital gold.”
The core appeal of Bitcoin to Saylor lies in its finite supply. Unlike fiat currencies, which governments can print endlessly, Bitcoin has a hard cap of 21 million coins—a mathematical certainty encoded into its very design. This fixed supply means Bitcoin is inherently scarce, and in theory, this scarcity drives value upward over time, especially in an environment where fiat currencies are losing purchasing power. Where central banks can devalue currencies through excessive money printing, Bitcoin is insulated from such manipulation. It offers a predictable and transparent monetary policy that operates independent of any government or institution.
This idea aligns closely with the philosophy of renowned economist Milton Friedman, who long championed the concept of a decentralized currency—one that governments couldn’t “mess up,” as he put it. Friedman understood the dangers of centralized control over money supply and foresaw a future where digital currencies could serve as a check against government overreach and mismanagement. Bitcoin, to many like Saylor, represents the realization of that vision: a decentralized, non-sovereign form of money that no central bank or political force can inflate away.
By reallocating a significant portion of its treasury into Bitcoin, MicroStrategy made a bold bet not just on a new asset class, but on a new financial future—one where value is preserved not by trust in governments, but by trust in math.
The White House Crypto Summit
In a historic first, President Donald Trump hosted the White House Crypto Summit on March 7, 2025—bringing together some of the cryptocurrency industry’s most influential figures to lay the foundation for the U.S. government’s approach to digital assets. Among the guests were Michael Saylor, CEO of MicroStrategy, a long-time champion of Bitcoin and one of the most vocal advocates for its adoption as a store of value.
At the center of the summit was Trump’s bold plan to establish a government-owned strategic reserve of digital assets, spearheaded by Bitcoin. His executive order outlined a strategy to build this reserve using assets already seized by the government, promising no new cost to taxpayers. The initiative aligns with Saylor’s ongoing mission to position Bitcoin as “digital gold”—a decentralized, finite asset that offers protection against inflation and irresponsible monetary policy.
The summit also welcomed other top names in the space, including Coinbase CEO Brian Armstrong, the Winklevoss twins, and Ripple CEO Brad Garlinghouse, signaling a broad and inclusive effort to incorporate crypto into the American financial system. The tone of the event was largely collaborative, with Trump emphasizing optimism and long-term support for digital innovation: “From this day on, America will follow the rule that every bitcoin knows very well—never sell your bitcoin.”
Saylor’s presence was symbolic of a shift in perception—crypto is no longer fringe. With support from top industry leaders and the federal government now laying down regulatory and strategic groundwork, this summit could mark the beginning of a new chapter for America’s leadership in the global digital economy.
