Michael Saylor is an American entrepreneur, investor, and public speaker known for being the CEO of MicroStrategy, a technology company that specializes in enterprise software and data analytics. Born in Nebraska in 1965, Saylor studied at MIT and founded MicroStrategy in 1989, when he was just 24 years old.
Under Saylor's leadership, MicroStrategy became a leader in the enterprise software market, expanding rapidly globally in the 1990s. However, at the start of the new millennium, the company ran into trouble and Saylor stepped down as CEO in 2012.
But, in 2013, Saylor returned to the company as CEO and began to transform MicroStrategy into a company focused on cryptocurrency and blockchain technology. Saylor became a vocal proponent of Bitcoin and began investing in the cryptocurrency through MicroStrategy, making the company one of the largest Bitcoin holders in the corporate world.
In August 2020, Saylor announced that MicroStrategy had invested $250 million of its reserves in Bitcoin, surprising many in the business and financial community. But shortly thereafter, the company announced that it had invested an additional $425 million in Bitcoin, and in the months that followed it continued to invest in the cryptocurrency to reach more than $4 billion.
Saylor's decision to invest in Bitcoin has been controversial, but it has led to a significant increase in the price of the cryptocurrency and has attracted the attention of other investors and companies who now see the potential of Bitcoin as an alternative store of value.
In addition to his work at MicroStrategy, Saylor is a prolific public speaker and has spoken at numerous events and conferences on technology, business leadership, and cryptocurrency. He is also the author of several books, including The Mobile Enterprise: How Successful Companies Leverage Mobile Technology to Connect with Customers, Increase Satisfaction, and Drive Incredible Profits.
In short, Michael Saylor is an entrepreneur and cryptocurrency advocate who has transformed MicroStrategy into a Bitcoin-centric company. His vision and his decision to invest in the cryptocurrency has led to a significant increase in its price and has highlighted the potential of Bitcoin as an alternative store of value.