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Michael Saylor shares how Covid chaos drove him to Bitcoin

cryptoweekly by cryptoweekly
June 12, 2025
in bitcoin, News
0

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 says Covid-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 Dr. Jordan B. Peterson that aired on June 9, 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.

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Recent Posts
  • Cycles eyes sustainable crypto credit after 2022 liquidity crisis
  • Bitcoin price stabilizes and rallies amid regional conflicts, data shows
  • Coinbase is seeking SEC approval for ‘tokenized equities’ — Report
  • Solana Foundation, Bitget Wallet join Ondo Finance’s ‘market alliance’
  • The crypto fund domicile decision: EU or the UK?
  • How Michael Saylor’s Strategy became the largest Bitcoin holder
  • Bitcoin threatens $104K 'rug pull' as trader says major move yet to come

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