Core Insights - Michael Saylor, co-founder of Strategy Inc. (NASDAQ:MSTR), has transitioned from a Bitcoin skeptic to a prominent advocate, now holding over $59 billion in Bitcoin as a corporate reserve asset [3][4] - Saylor's previous negative stance on Bitcoin, likening it to gambling, reflects a common sentiment among skeptics like Warren Buffett and Nouriel Roubini [2] - The current price of Bitcoin is $88,912.01, showing a 1.46% increase in the last 24 hours [4] Company Overview - Strategy Inc. is the largest corporate owner of Bitcoin, having adopted it as its primary reserve asset, a significant shift from its earlier stance [3] - The company's stock closed at $158.71, up 0.53% on Wednesday, but has seen a year-to-date decline of 45.20% [5] - The stock exhibits a low Momentum score, indicating weak relative strength based on price movement patterns [5]
Michael Saylor Once Mirrored Warren Buffett And 'Dr Doom' While Predicting Bitcoin's 'Days Are Numbered' — It Was A 'Big Mistake'