Michael J. Saylor
Michael J. Saylor
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Bitcoin Advocacy and Investment Timeline

This timeline chronicles Michael Saylor's embrace of Bitcoin, his company's significant investments in the cryptocurrency, and his vocal advocacy for its adoption.
Initial Interest in Bitcoin
Early 2020
Saylor began to publicly express interest in Bitcoin as a potential store of value and hedge against inflation, particularly in response to the economic impact of the COVID-19 pandemic.
First Bitcoin Purchase
August 2020
MicroStrategy announced its first significant purchase of Bitcoin, allocating $250 million of its treasury reserves to the cryptocurrency.
Aggressive Bitcoin Accumulation
September 2020 - 2022
MicroStrategy continued to aggressively purchase Bitcoin, using a combination of company cash flow and debt financing. The company became one of the largest corporate holders of Bitcoin.
Vocal Bitcoin Advocate
Ongoing
Saylor became a prominent and vocal advocate for Bitcoin, promoting its adoption by individuals, institutions, and governments through interviews, social media, and conferences. He positioned Bitcoin as a superior form of digital property.
Stepping Down as CEO
August 2022
Saylor stepped down as CEO of MicroStrategy to focus primarily on Bitcoin strategy as Executive Chairman. Phong Le took over as CEO.