Meet Ledger Nano™ Gen5, the most playful signer yet

Discover now

The most playful signer yet

Meet Ledger Nano™ Gen5

Shop now Learn more

Michael Saylor

Aug 24, 2025 | Updated Dec 16, 2025
Michael Saylor is the Executive Chairman of Strategy (formerly MicroStrategy), known for pioneering the corporate Bitcoin treasury strategy.

Who Is Michael Saylor?

Michael Saylor is the co-founder and Executive Chairman of Strategy. For decades, he was primarily known for founding and leading Strategy (formerly MicroStrategy), one of the largest independent, publicly traded business intelligence companies in the world.

However, in 2020, Saylor became a prominent figure in the cryptocurrency industry after he began publicly promoting Bitcoin as a store of value and a hedge against inflation. He then pioneered the corporate Bitcoin treasury strategy, a move that has since been followed by other public companies and has fundamentally shifted his company’s primary focus.

Michael Saylor and Corporate Bitcoin Adoption

For most of its history, Strategy (formerly MicroStrategy) was a traditional enterprise software company. Its business model was centered on providing analytics and business intelligence software to large corporations. This changed dramatically in August 2020 when Saylor announced the company would begin allocating its cash reserves to Bitcoin, citing concerns about the long-term depreciation of fiat currency due to inflation.

This decision marked the beginning of a major strategic pivot. Under Saylor’s leadership, the company began to aggressively acquire Bitcoin, often using funds raised through debt and equity offerings. This established a public model for how other corporations could hold Bitcoin on their balance sheets.

The shift was so significant that in early 2025, the company officially rebranded from MicroStrategy to Strategy. The rebrand included a new logo with a stylized “B” and the company adopting orange as its primary brand color – both direct references to Bitcoin. The company now identifies itself as the “world’s first and largest Bitcoin Treasury Company.”

This pivot not only shifted institutional perceptions of Bitcoin but also established Saylor as one of the cryptocurrency’s most visible and vocal advocates. Strategy’s stock has become a popular proxy for investors seeking Bitcoin exposure through traditional markets, and Saylor’s frequent media appearances and the company’s frequent Bitcoin acquisitions have received regular coverage in financial news.

ERC-20 Tokens

ERC-20 tokens is the technical standard for fungible digital tokens that run only on the Ethereum blockchain network. They are built on smart contracts that keep track of the tokens created on the Ethereum network.

Full definition

Yield Farming

Yield farming is the practice of lending or locking up assets in a DeFi protocol to earn rewards.

Full definition

Know Your Customer (KYC)

KYC or “Know Your Customer” is a procedure used within financial institutions to confirm their customers’ identities and prevent fraudulent activity.

Full definition

Own your crypto future

Stay informed with security tips, updates, and exclusive offers from Ledger

Your email address will only be used to send you our newsletter, as well as updates and offers. You can unsubscribe at any time. Learn more

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.