So, CNBC has decided to grace us with a piece about Michael Saylor, the Strategy founder who recently took the stage at the Bitcoin 2025 event. Apparently, he’s the new oracle of cryptocurrency, and everyone is just dying to hear what he has to say. Who knew Bitcoin could be so popular? 🤔
“Explosion of interest” toward Bitcoin from companies
This week, Trump Media announced it’s ready to throw $500 million at Bitcoin. I mean, why not? It’s not like they have anything else to do, right? Meanwhile, Tether, SoftBank, and Jack Mallers from Strike have launched a public company called Twenty One, which plans to add a whopping 42,000 BTC to its balance sheet. Because, you know, 41,999 just wouldn’t cut it. 💸
Saylor’s bitcoin buying strategy is ‘exploding’ globally, but Wall Street is skeptical
— CNBC International (@CNBCi) May 31, 2025
Now, this makes them the third-largest corporate Bitcoin holder on the planet. GameStop has also jumped on the Bitcoin bandwagon. But let’s be real, they’re not likely to outshine Strategy (formerly MicroStrategy) anytime soon. Saylor’s been raking in profits since 2020, and he’s convinced that any dips are just temporary. He’s like the eternal optimist of the crypto world, insisting that holding Bitcoin is “extraordinarily popular.”
After mingling at the Bitcoin 2025 event, Saylor noticed an “explosion of interest” from executives who were practically begging him for his playbook. Apparently, they’re all trying to copy Strategy’s moves in places like the U.K., South Korea, and Hong Kong. Who knew Bitcoin was the new black? 🖤
Oh, and let’s not forget that in March, President Trump signed an executive order to start building a Strategic Bitcoin Reserve. Because nothing says “I care about the economy” like hoarding 200,000 BTC. This week, Vice President JD Vance even chimed in, calling BTC “a hedge against inflation, censorship, and ‘unelected bureaucrats.’” Sounds like a party! 🎉
Bitcoin will get exponentially harder to get: Michael Saylor
Saylor is all in on Bitcoin’s future, declaring it “an idea whose time has come.” He’s convinced that “no force on earth can stop it.” I mean, if that’s not a sales pitch, I don’t know what is. He’s dubbed Bitcoin “the most explosive idea of the era” and “digital capital.”
But not everyone is on the Bitcoin train. Microsoft has decided to sit this one out, rejecting the idea of using its cash stockpile for Bitcoin. Saylor, however, had some words for them: “Microsoft can’t afford to miss the next technology wave.” Ouch! Talk about a burn. 🔥
As for Strategy, Saylor insists they’ll keep buying Bitcoin, predicting the price will keep climbing. “We think it will get exponentially harder to buy Bitcoin, but we will work exponentially more efficiently to buy Bitcoin,” he said. So, basically, it’s like running a marathon while juggling flaming torches. Good luck with that, Michael! 🏃♂️🔥
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2025-05-31 23:16