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Michael Saylor on Twitter Hes kind of known for the line, in fact. Keep supporting great journalism by turning off your ad blocker. The group recognized the internets power for the parsing troves of data that companies collected on their products and markets. To build its cache, MicroStrategy has borrowed the equivalent of three times its entire base of shareholders equity when the adventure began. Mr. Greengenes, a cover band that performed songs by artists including the Beatles, Limp Bizkit and Kelly Clarkson, was a staple at Saylors parties in D.C. and New York before the group parted ways last year. The richest person in Washington, D.C. at one point, Saylor is a former rocket scientist who built his fortune thanks to the software company MicroStrategy. Close. Saylor believes that the Bitcoin network could eventually be valued as high as $100 trillion. Michael Saylor's MicroStrategy Snaps up 6,455 Bitcoin As Token Rallies Hes good at incubating talent as well as businesses. In other words, you could argue that Saylor sees value in Bitcoin at its current price; a $4 billion investment would imply an expectation that the asset's value will increase over time. The For now, markets seem to value Bitcoin as a riskier asset, which declines when investors flee to safety. what Saylor calls a computer in your pocket, and which is why a core software company. They wont be in the game, he said, Sign up for theFortune Features email list so you dont miss our biggest features, exclusive interviews, and investigations. As in what if the dollars value were more of a certainty due to the constancy that gold imbues in currencies for it being the commodity least influenced by everything else? ), Saylor argues that Bitcoin will reach $500,000 within a few years, and that folks should take the money they were going to give their grandchildren and convert it to Bitcoin..

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