Michael Saylor shares how COVID-19 chaos drove him to Bitcoin
Michael Saylor says pandemic-era lockdowns and unabated money printing pushed him to convert his company’s massive cash reserves into Bitcoin.
Strategy founder Michael Saylor said COVID-19-era restrictions and US central bank monetary policy at the time are what ultimately motivated him to invest in Bitcoin in 2020.
During an interview with Jordan B. Peterson that aired on Monday, Saylor said he became deeply interested in Bitcoin (BTC) in 2020 following what he called a “war on currency” amid pandemic-induced global lockdowns and diminished interest rates in the United States.
“It wasn’t the war on COVID, it was the war on currency,” he told Peterson.