Saylor on his 2012 Bitcoin bearishness: 'What an idiot I was.'

In an April 24 interview with Anthony Pompliano, MicroStrategy founder Michael Saylor admitted he had completely forgotten about his own bearish Bitcoin comments from around 2012 — until his $250 million BTC purchase announcement prompted crypto Twitter to dig them up and send them back to him.

Saylor's response was disarmingly blunt: 'You're right, what an idiot I was.' He added that the episode was part of why he has since narrowed his public commentary almost entirely to MicroStrategy-related matters, staying quiet on topics outside his direct lane.

The anecdote is a useful reminder that some of the most convicted Bitcoin bulls today were once skeptics — and that the $250M buy in 2020 was the turning point that changed Saylor's trajectory entirely.

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Wu Blockchain ✓ @WuBlockchain · 9d ago

Michael Saylor: I Forgot I Once Was Bearish on Bitcoin Until I Bought $250M During an April 24 interview with Anthony Pompliano, Strategy founder Michael Saylor @saylor responded to his bearish remarks on Bitcoin from around 2012. Saylor admitted that he didn't realize he had made those comments until he announced his $250 million Bitcoin purchase on Twitter, which prompted the crypto Twitter community to scour his past tweets and dig up the bearish post to remind him. He responded to this by saying, "You're right, what an idiot I was." Saylor also stated that he has since limited his tweeting to focus primarily on MicroStrategy-related matters, opting to remain silent on other topics.

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