Who is Michael Saylor?
Who is Michael Saylor?
Michael Saylor is an American entrepreneur who co-founded the highly successful MicroStrategy company. He has brought with him his knowledge of the business world along with his expertise in technology and intelligence training to lead the company forward¹. He is also well-known as an American entrepreneur and executive in the business and cryptocurrency industry².
He is most widely known for his co-founding of MicroStrategy, which is a company that focuses on providing intelligence for businesses, cloud-based services, and other types of mobile software¹. He is also the sole trustee of Saylor Academy, a provider of free online education².
Source: Who is Michael Saylor?
(1) Who is Michael Saylor? – LinkedIn. https://www.linkedin.com/pulse/who-michael-saylor-mintdiceonline Accessed 6/28/2023.
(2) Michael J. Saylor – Wikipedia. https://en.wikipedia.org/wiki/Michael_J._Saylor Accessed 6/28/2023.
(3) Who is Michael Saylor? 29 facts about the man behind Tesla’s … – Inverse. https://www.inverse.com/innovation/who-is-michael-saylor-29-facts Accessed 6/28/2023.
(4) Michael Saylor – Forbes. https://www.forbes.com/profile/michael-saylor/ Accessed 6/28/2023.
(5) 10 Things You Didn’t Know about Michael Saylor – Money Inc. https://moneyinc.com/michael-saylor/ Accessed 6/28/2023.
MicroStrategy just bought another $10 million in Bitcoin as crypto markets lost $900 billion in value. In a regulatory filing on Thursday, Virginia-based MicroStrategy, which owns more bitcoin than any other corporation in the world, disclosed it purchased approximately 480 bitcoins for $10 million in cash, or $20,817 per coin, between May 3 and Tuesday¹.
Source: Who is Michael Saylor?
(1) Saylor’s MicroStrategy Bought Another $10 Million In Bitcoin … – Forbes. https://www.forbes.com/sites/jonathanponciano/2022/06/29/saylors-microstrategy-bought-another-10-million-in-bitcoin-as-crypto-markets-lost-900-billion-in-value/ Accessed 6/28/2023.
(2) MicroStrategy Files to Sell $1 Billion in Shares to Buy More Bitcoin. https://markets.businessinsider.com/currencies/news/microstrategy-bitcoin-purchase-sec-filing-1-billion-shares-michael-saylor-2021-6-1030522753 Accessed 6/28/2023.
(3) Billionaire Saylor’s MicroStrategy Takes On $205 Million Loan To Buy …. https://www.forbes.com/sites/jonathanponciano/2022/03/29/billionaire-saylors-microstrategy-takes-on-205-million-loan-to-buy-more-bitcoin-as-experts-eye-50000-price/ Accessed 6/28/2023.
(4) MicroStrategy Acquires Additional Bitcoins and Now Holds Over 105,000 …. https://www.microstrategy.com/en/investor-relations/press/microstrategy-acquires-additional-bitcoins-and-now-holds-over-105000-bitcoins-in-total_06-21-2021 Accessed 6/28/2023.
(5) Michael Saylor’s MicroStrategy (MSTR) Buys $347M Worth of Bitcoin …. https://www.coindesk.com/business/2023/06/28/michael-saylors-microstrategy-now-holds-over-46b-worth-of-bitcoin/ Accessed 6/28/2023.
Bitcoin is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, thus removing the need for third-party involvement in financial transactions¹². It is the first and most widely recognized cryptocurrency. It enables peer-to-peer exchange of value in the digital realm through the use of a decentralized protocol, cryptography, and a mechanism to achieve global consensus on the state of a periodically updated public transaction ledger called a ‘blockchain’⁴.
Source: Who is Michael Saylor?
(1) What Is Bitcoin? How to Mine, Buy, and Use It – Investopedia. https://www.investopedia.com/terms/b/bitcoin.asp Accessed 6/28/2023.
(2) Bitcoin – Wikipedia. https://en.wikipedia.org/wiki/Bitcoin Accessed 6/28/2023.
(3) What is Bitcoin? | How Do Bitcoin and Crypto Work? | Get Started with …. https://www.bitcoin.com/get-started/what-is-bitcoin/ Accessed 6/28/2023.
(4) What Is Bitcoin And How Does It Work? – Forbes. https://www.forbes.com/advisor/investing/cryptocurrency/what-is-bitcoin/ Accessed 6/28/2023.
According to a recent report from buybitcoinworldwide.com, MicroStrategy owns **140,000 bitcoins** as of April 5th, 2023³.
Source: Who is Michael Saylor?
(3) MicroStrategy owns over $3 billion worth of bitcoin after new … – CNBC. https://www.cnbc.com/2021/06/21/microstrategy-owns-over-3-billion-worth-of-bitcoin-after-new-purchase.html Accessed 6/28/2023.
A whale in investing is an investor or institution with significant capital and can directly influence price action or market movements in any direction. A whale can be a large company or an individual, and can be seen as a manipulator of the market¹. Whales are typically associated with market manipulators because they can come into a market and either drive up or suppress the price by buying or selling a large portion of the available positions².
Source: Who is Michael Saylor?
(1) What is a “whale”? | ECOS BLOG. https://ecos.finance/blog/what-is-whale/ Accessed 6/28/2023.
(2) What is a Whale in Stocks? Unveiling 4 Stock-Picking Secrets of Whales. https://financefuturists.com/what-is-a-whale-in-stocks/ Accessed 6/28/2023.
(3) 5 Stock-Picking Secrets of the Whales | Nasdaq. https://www.nasdaq.com/articles/5-stock-picking-secrets-whales-2015-08-14 Accessed 6/28/2023.
(4) Fidelity | Whale watching – Fidelity Investments. https://www.fidelity.com/learning-center/trading-investing/whale-watching Accessed 6/28/2023.
Satoshi Nakamoto is the pseudonym for the inventor of Bitcoin and is undoubtedly the biggest cryptocurrency whale in the world. We’re not sure for certain whether this is a person or a group of people, but we do know they continue to hold ownership of around 1 million BTC. In today’s market, 1 million BTC equates to around 19.2 billion US dollars¹.
Source:
(1) The 10 Biggest Crypto Whales in the Market – Bankless Times. https://www.banklesstimes.com/biggest-crypto-whales/ Accessed 6/28/2023.
(2) Top 10 Crypto Whales – iExpats. https://www.iexpats.com/top-10-crypto-whales/ Accessed 6/28/2023.
(3) Who are the biggest Bitcoin whales? 25 stats on the most powerful …. https://www.bitcoininsider.org/article/198673/who-are-biggest-bitcoin-whales-25-stats-most-powerful-bitcoin-investors Accessed 6/28/2023.
(4) These 4 Billionaires Are Bitcoin Market Whales – The Motley Fool. https://www.fool.com/the-ascent/cryptocurrency/articles/these-4-billionaires-are-bitcoin-market-whales/ Accessed 6/28/2023.
(5) Who Are The Biggest Bitcoin Whales In The World – CNBCTV18. https://www.cnbctv18.com/cryptocurrency/who-are-the-biggest-bitcoin-whales-in-the-worldcheck-here-16703101.htm Accessed 6/28/2023.
