We uncover the controversial decisions of Michael Saylor, former CEO of MicroStrategy, namely his bold move to invest heavily in Bitcoin and perhaps a fundamental flaw in his strategy being overlooked.
On the Cointelegraph YouTube channel, a thought-provoking discussion has ignited under the latest video “What was Michael Saylor’s Mistake?”.
In the video, authors assess Michael Saylor's past investment decisions, delving into the intricacies of his journey in the crypto realm. It presents an essay-style reflection of whether the renowned figure’s actions constitute missteps or calculated maneuvers.
The authors call his strategy for acquiring Bitcoin (BTC) one of his mistakes. They argue that Michael Saylor frequently buys Bitcoin at its price peaks — a behavior often termed as “FOMO buying.”