Where does Michael Saylor get the money he often uses to buy Bitcoin?

Who is Michael Saylor?

Michael Saylor was born in Lincoln, Nebraska, USA in 1965 (he is 60 years old), and most of his family are Air Force personnel. However, he did not become a soldier.

He earned his first degree in Aeronautics and Astronautics Technology from a school in Massachusetts, namely the Massachusetts Institute of Technology in America.

He founded MicroStrategy in 1989 (36 years ago), at the age of 24. The company was established with the aim of doing Business Intelligence. And that is what the company has been famous for from 1989 until 2020.

Initially, the company was involved in the stock market, with their own MSTR shares. One of the ways they generate funds to buy Bitcoin is through the stock market via their MSTR shares.

Before 2020, MicroStrategy was engaged in selling Business Intelligence Software (BI), mainly to large companies worldwide. Later, in 2020, they shifted their focus or even stopped selling Business Software.

Research shows that MicroStrategy still deals with Business Software, but in a different form, involving other companies.
They sell very large-scale software to companies for their Internal Data.

In August 2020, the company shifted to Bitcoin Business Intelligence (BBI), which involves buying Bitcoin with funds generated from profits and loans they receive. Currently, MicroStrategy owns 650,000 Bitcoins, worth over $55 billion at today’s Bitcoin price (87,000 USDT).

The company's primary reserve asset is Bitcoin; they do not hold USD, Gold, or Silver. They only buy Bitcoin under an indefinite holding system.

Who owns this Bitcoin?

All shareholders (shareholders) in MicroStrategy own these Bitcoins that Michael Saylor is buying. However, Michael Saylor himself holds the largest share in the company.

One of the activities related to Bitcoin Business Intelligence that MicroStrategy is engaged in is; they accept payments from wealthy individuals, large corporations, and countries that buy Bitcoin on the spot market, hold it for them, and keep it in reserve. They receive payment for each Bitcoin unit daily.

Some countries also pay MicroStrategy to buy and store Bitcoin for them; this reserve by MicroStrategy is one of the ways the company earns income today.

Michael Saylor is known as a very ambitious and flamboyant person.

It is said that they own houses in Ohio, Florida, and New York, each worth over $30 million.

MicroStrategy earns significant revenue through their Bitcoin Software services, as well as Bitcoin Orange Decentralized ID and Bitcoin Monetization Services.

MicroStrategy stores their Bitcoin in Cold wallets, which they themselves created; attempts to sell these wallets to the world have been refused.

Nevertheless, every 25 or 40 days, they transfer their Bitcoin holdings from one cold wallet to another new wallet.

MicroStrategy is among the companies with some of the most expert researchers in the Bitcoin market worldwide.

Additionally, MicroStrategy raises funds through bonds if the government issues them, such as in the US and England. They also lend and borrow with high leverage. So, all the Bitcoins in MicroStrategy’s wallets are not solely owned by Michael Saylor but are company assets.

However, he also personally buys Bitcoin (personally) and stores it. But this is part of his personal life, and it’s not necessarily known exactly how much he owns.