Trade of the Century: How Michael Saylor revolutionised corporate finance with Bitcoin

economictimes.indiatimes.com:

Bitcoin hitting all time highs and boasting a staggering 12-month return of 200% has made headlines all around the world. Has any other asset outperformed Bitcoin during the same time? Ladies and Gentlemen, let me present to you MicroStrategy (MSTR); its price has skyrocketed with a remarkable 12-month return of 600%. The financial world stands in awe of its CEO Michael Saylor and his audacious strategy, which is now heralded as «The Trade of the Century.» on crypto Twitter.

So who is Michael Saylor? Born on February 4, 1965, Saylor rose to prominence as an American entrepreneur and business executive. Co-founder and executive chairman of MicroStrategy, a leading provider of business intelligence, mobile software, and cloud-based services, Saylor's entrepreneurial journey has been marked by both triumphs and setbacks. In the late 1990s, Saylor emerged as one of the poster boys of the Internet bubble, amassing immense wealth thanks to his stake in MicroStrategy. However, the dot-com bust and some questionable accounting practices led to a restatement of financial results, causing Saylor to fall from the billionaire ranks and fade from public memory.

Michael Saylor's journey into the world of Bitcoin began through a longstanding friendship with Eric Weiss who is the CEO of Blockchain Investment group. Eric is one of the OGs of the space and was full time into Bitcoin. Saylor, preoccupied with running Microstrategy in the hyper competitive software industry, initially remained indifferent to Bitcoin. However, amidst