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.
Frequently asked questions
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What led to Michael Saylor's change in perspective on Bitcoin?
Michael Saylor's shift from skepticism to bullishness on Bitcoin was marked by his $250 million BTC purchase in 2020, which he considers a turning point.
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How has Saylor adjusted his public commentary since his bearish comments?
Since his earlier bearish comments, Saylor has focused his public commentary primarily on MicroStrategy-related matters, avoiding topics outside his expertise.
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