MicroStrategy CEO Michael Saylor Believes His Mission is Fixing Balance Sheets of the World

Sahaj  |  Mar 22, 2021, 10:48 am
MicroStrategy CEO Michael Saylor Believes His Mission is Fixing Balance Sheets of the World

Michael Saylor, the CEO of the business intelligence company MicroStrategy, recently shared his belief in a published interview with Time. The billionaire revealed that he believed his ultimate goal is to fix the balance sheets of the world with Bitcoin. As for the legacy of Michael, he takes pride in the fact that Microstrategy is the first non-crypto public firm to make investments in BTC.

MicroStrategy CEO Michael Saylor Focussing on Fixing Balance Sheets of the World

As per the investment details of the firm, MicroStrategy is currently holding 91,326 Bitcoins that are worth over $5 billion. The interests of Tesla and Square have recently followed the suit of MicroStrategy.

In accordance with some of the reports published, Tesla CEO Elon Musk was pitched by Michael Saylor about Bitcoin. Probably as a result of that pitching, Elon Musk made an announcement on February 8 that Tesla has invested around $1.5 billion in the oldest cryptocurrency.

Michael has denied any confirmations on whether they had any secret conversations with Elon Musk apart from that tweet. He released a statement that said:

“As a public-company CEO, I can’t comment on any conversation I would have with another public company officer. It’s against business etiquette.”

However, Michael has revealed that he believes that the Tweets exchange on Twitter may have laid an impact on the decision to convert a noteworthy portion of Tesla’s cash to BTC.

Bitcoin: the Google of Money

Michael Saylor also described Bitcoin as the “Google of Money” and in addition to this, he also went on to compare the invention of cryptocurrency to electricity. He released a statement that said:

“Thomas Kuhn said when you come up with a new paradigm, a completely utterly revolutionary way to see the world, the establishment doesn’t normally accept it.”

Moreover, he believes that the coming generation will definitely appreciate the invention of Bitcoin.