MicroStrategy CEO Michael Saylor Emerges As A Leading Bitcoin Prophet
On Aug. 11, MicroStrategy announced that it had made bitcoin its primary treasury reserve asset and purchased $250 million of bitcoin to hold in its treasury, instead of cash.
On Sept. 14, MicroStrategy completed the purchase of another $175 million worth of bitcoin.
Since then, Microstrategy CEO Michael Saylor has been on a crusade to tell the world about Bitcoin, quickly emerging as a leading voice in the Bitcoin ecosystem. In fact, I used the term Bitcoin prophet, and I meant it.
One definition of the term “prophet” found on Lexico.com is:
It’s impossible to know the impact Saylor has had two months in to his crusade, but it’s clearly not a coincidence that bitcoin is up over 50% during that time. And it truly is a crusade, which can be defined as:
A crusade is a vigorous campaign for social, political, or religious change.
While I’m not religious, I find myself using religious terms when discussing Bitcoin. In April, I wrote a post “The World’s Falling Apart, What Are You Going To Believe In?”
So I’ve chosen to have faith in Bitcoin. In an…
