2021 was a great year for the crypto industry as most of the large-cap cryptocurrencies like Bitcoin that hit an all-time high. However, 2022 was just as disastrous. Stocks, bonds, crypto assets and several other risk assets faced severe crashes.
However, after being under bearish control for such a long time, the crypto market seems to be recovering. Bitcoin has regained its crucial $20,000 level and is currently trading at $20,501.
Microstrategy Suffers Losses
Microstrategy, which holds a record for having the largest bitcoin org 
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holding, is set to reveal its quarterly earning reports. Investors and traders are eagerly looking forward to the strategy that the company is expected to reveal in its report. At the moment, the company’s Bitcoin holding is around 50% unrealized loss against the total investment made to buy Bitcoins.
The firm’s Q2 report was not great as it had reported a loss of nearly $1 billion. It’s important to know that even after the flagship currency managed to gain $20,000, most Bitcoin investors are still trading in losses. Microstrategy is popularly known for accumulating Bitcoin whenever there is a price drop. Would the terrible macroeconomic conditions have brought a change in the company’s approach toward BTC and crypto, in general?
Earlier in August, Michael Saylor
Michael Saylor
Michael Saylor is a co-founder of Strategy (formerly MicroStrategy). Before founding Microstrategy, he was a rocket scientist and studied aeronautics and astronautics at MIT on an Air Force scholarship. He dubs Bitcoin 'Digital Gold'.
He made some early investments in Bitcoin as soon as he realized it was going to be the next big thing in shaping decentralized finance from traditional finance. His firm's Strategy has made Bitcoin its primary treasury reserve.
Quick Facts
Full Name
Michael J. Saylor
Birth
04-02-1965 in Lincoln, Nebraska
Education
BSc from MIT
Marital Status
To be updated / Unmarried
Nationality
American
Net Worth
$8.4B (Feb. 20205, Refer for realtime)
As per Forbes, Saylor bought another 17,732 bitcoins for $175 million in October 2020. Forbes covered Michael Saylor on its front page and called him "The Bitcoin Alchemist" as the latter's Net Worth hit a whopping $7.6B in January 2025.
Michael Saylor – Career Timeline
1983–1987: Studied Aeronautics & Astronautics and Science, Technology & Society at Massachusetts Institute of Technology (MIT).
1989: Co-founded Micro Strategy (Strategy).
1998: Micro Strategy IPO – Took Micro Strategy public on the NASDAQ at $12 per share.
2000: Accounting Scandal & Crash – Micro Strategy's stock plunged 62% in a day due to an accounting misstatement, wiping out billions in valuation.
2004–2019: Micro Strategy Rebuilds – Worked towards cloud-based analytics and AI-driven business intelligence, regaining stability.
2020: Bitcoin Strategy & Investment – Led Micro Strategy's $425M Bitcoin investment. He made it the first publicly traded company to adopt Bitcoin.
2021: Bitcoin Evangelism – Became one of Bitcoin’s most vocal advocates, encouraging corporations and institutions to adopt BTC and blockchain.
2022: Stepped down as CEO – Transitioned to Executive Chairman to focus entirely on Bitcoin strategy.
With a major focus on blockchain network growth, Saylor is considered one of the architects in shaping the growth of decentralized finance.
Useful Links to connect with Michael Saylor
Platform
Link to connect
Micro Strategy (Strategy) Official Website
MicroStrategy
Michael Saylor’s YouTube Channel
https://www.youtube.com/c/MichaelSaylor
Hope.com (Bitcoin Education by Saylor)
Bitcoin is Hope
msaylor@microstrategy.com
EntrepreneurCrypto and Blockchain ExpertAuthor
resigned from the post of Microstrategy CEO, but continues to act as the company’s executive chairman. At present, he is also concerned with matters related to Microstrategy’s Bitcoin acquisition strategy and other crypto-related matters.
Bitcoin Treasuries claim that, as of October 2022, Microstrategy holds 130,000 BTC and in the month of September, the firm had purchased 301 BTC worth around $19,851.
