Michael Saylor Calls Bitcoin a “Steel Vessel” as Fiat and Gold Sink: Inside His $500M Shift

Michael Saylor described fiat as a melting asset and chose Bitcoin to protect MicroStrategy’s $500M balance sheet. He compared Bitcoin’s fixed supply to a fully diluted share count, calling it superior to gold and real estate. Saylor revealed MicroStrategy’s Bitcoin buying strategy involves OTC trades, algorithmic precision, and strict custodial security. Michael Saylor, Executive Chairman of MicroStrategy, appeared on Real Vision to explain the thinking behind his company’s pivot to Bitcoin. In a wide-ranging interview, he discussed fiat currency, gold, asset inflation, and how MicroStrategy ended up investing over $500 million in BTC. Speaking to host Raoul Pal, Saylor called Bitcoin the only asset capable of preserving value across a century, describing it as “a steel-hull freighter” compared to fiat’s “inflatable raft” and gold’s “rotting wooden ship.” “I Was Sitting on a $500 Million Ice Cube” Saylor began by detailing his growing concerns over the U.S. dollar. He described fiat cash as a melting asset, losing 6% annually in good years and up to 25% during inflation spikes. As CEO of a public company, he realized investors didn… The post Michael Saylor Calls Bitcoin a “Steel Vessel” as Fiat and Gold Sink: Inside His $500M Shift appeared first on Coin Edition .

Source: Coin Edition