Michael Saylor is a genius. But not for the reasons you might think.
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Michael Saylor is a genius. But not for the reasons you might think.

Michael Saylor is a genius. But not for the reasons you might think.

…yes, Salor is a very astute investor, CEO, and economist. But his bitcoin strategy is almost flawless.

Let me explain.

He buys $175m worth of bitcoin for an average price of $9,882.

Then, after he is in (personally) he leads his company, Microstrategy, to buy hundreds of millions of dollars worth of BTC between $10k and $12k.

THEN he raises another $650m to buy BTC for his shareholders at an average of about $22k.

Think about that. His “personal” position of BTC is well below his company’s and his shareholders’ position.

If BTC ever started to crash, or his company or shareholders want out, he would have plenty of notice and opportunity to dump his stash first.

I know what you might be thinking… isn’t this illegal? Actually, it is not – at least not according to current insider trading laws since BTC is not a publicly traded company. Saylor is not obligated (nor required) to disclose his personal bitcoin holdings.

He is a genius.

submitted by /u/Adamsimecka
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