In 2013, the CEO of MicroStrategy was not crazy about Bitcoin. Michael Saylor predicted the same fate for him as online betting, considering his days to be numbered. In 2020, his company holds $ 425 million worth of bitcoin.
The Internet has memory. And this one came to remember Michael Saylor, the CEO of software publisher MicroStrategy. The latter is currently very popular in the world of crypto-currencies. In 2013, Saylor would probably not have been able to claim such a rating of sympathy.
“The days of Bitcoin are counted. It seems it’s only a matter of time before it suffers the same fate as online gambling, ”he wrote on Twitter in December of this year.
2013, year of the consecration for Bitcoin
2013 is a benchmark year in the life of cryptocurrency. At 1is January, its value was barely 20 dollars. But its progress will be meteoric over the months, surpassing $ 1,000 for the first time. However, this surge will provoke negative reactions from central banks, in France as in China.
For Michael Saylor, the life of Bitcoin therefore promised to be ephemeral. His position has since changed dramatically. According to the CEO, Bitcoin is now “a reliable store of value and an attractive investment asset. “
His statements from 2013? Asked about this, the leader simply admits not remembering it. “I literally forgot to have ever said that” he confesses in a podcast with Anthony Pompliano, co-founder of Morgan Creek Digital.
Michael Saylor, a repentant with $ 425 million in Bitcoin
“I’m really ashamed to say it – I didn’t know I tweeted it until the day I tweeted that I had bought $ 250 million worth of bitcoin” explains the boss of MicroStrategy again. of his 2013 anti-bitcoin tweet.
On the other hand, it is undoubtedly necessary to consider that the actions prevail over the words. In this area, however, the publisher’s investments constitute a strong act. In early August, MicroStrategy was investing $ 250 million of its cash in 21,454 Bitcoins.
In September, this investment continued. The American company now holds 38,250 BTC. This represents a cash investment worth approximately $ 425 million. And this decision obviously pleases the financial markets. The company’s stock gained 9%.