MicroStrategy founder Michael Saylor once lost $6 billion in a day. His big bet on Bitcoin might sink him once and for all - Fortune

8/3/2022 12:00:00 AM2 years 9 months ago
by Shawn Tully
by Shawn Tully
The charismatic and controlling leader imploded in the dotcom bubble, clawed back to bet everything on Bitcoin, and is stepping back as CEO after pushing MicroStrategy to the precipice with a risky crypto gamble.
It was the early hours before MicroStrategys IPO in 1998, but founder Michael Saylor wasnt assuaging big investors or running through projections, or even putting champagne on ice. Ensconced in a $10… [+26665 chars]
full article...