Michael J. Saylor

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title: "Michael J. Saylor" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["1965-births", "american-chief-executives-in-technology", "living-people", "mit-school-of-engineering-alumni", "people-from-fairborn,-ohio", "people-from-lincoln,-nebraska", "businesspeople-from-nebraska", "businesspeople-from-ohio", "20th-century-american-businesspeople", "21st-century-american-businesspeople", "american-technology-company-founders", "american-technology-writers", "american-philanthropists", "people-associated-with-bitcoin"] description: "American business executive (born 1965)" topic_path: "engineering" source: "https://en.wikipedia.org/wiki/Michael_J._Saylor" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary American business executive (born 1965) ::

::data[format=table title="Infobox person"]

Field	Value
name	Michael Saylor
image	Michael Saylor 2022.png
alt	Michael Saylor speaking in an interview
caption	Saylor in 2022
birth_name
birth_date
birth_place	Lincoln, Nebraska, U.S.
death_date
alma_mater	Massachusetts Institute of Technology (BS)
occupation	Executive chairman of MicroStrategy
notable_works	The Mobile Wave
::

| name = Michael Saylor | image = Michael Saylor 2022.png | alt = Michael Saylor speaking in an interview | caption = Saylor in 2022 | birth_name = | birth_date =
| birth_place = Lincoln, Nebraska, U.S. | death_date = | death_place = | other_names = | alma_mater = Massachusetts Institute of Technology (BS) | occupation = Executive chairman of MicroStrategy | years_active = | known_for = | notable_works = The Mobile Wave

Michael J. Saylor (born February 4, 1965) is an American entrepreneur and billionaire business executive. He is the executive chairman and co-founder of MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services.

Saylor was MicroStrategy's chief executive officer from 1989 to 2022. In 2000, Saylor was charged by the SEC with fraudulently reporting MicroStrategy's financial results for the preceding two years. He later reached a settlement with the SEC for $350,000 in penalties and $8.3 million in personal disgorgement.

Saylor is a bitcoin advocate and strongly supports organizations adding bitcoin to their balance sheets. Under Saylor MicroStrategy has spent billions of dollars to purchase over 600,000 bitcoins. In 2024, he paid a $40 million fine to settle a tax fraud suit. He authored the 2012 book The Mobile Wave: How Mobile Intelligence Will Change Everything. He is also the sole trustee of Saylor Academy, a provider of free online education.

Early life and education

Saylor was born in Lincoln, Nebraska, on February 4, 1965, and spent his early years on various Air Force bases around the world, as his father was an Air Force chief master sergeant. When Saylor was 11, the family settled in Fairborn, Ohio, near the Wright-Patterson Air Force Base.

In 1983, Saylor enrolled at the Massachusetts Institute of Technology (MIT) on an Air Force Reserve Officers' Training Corps (ROTC) full scholarship. He joined the Theta Delta Chi fraternity, through which he met his future co-founder of MicroStrategy, Sanju Bansal.

A medical condition prevented him from becoming a pilot, and instead, he got a job with a consulting firm, The Federal Group, Inc. in 1987, where he focused on computer simulation modeling for a software integration company. In 1988, Saylor became an internal consultant at DuPont, where he developed computer models to help the company anticipate change in its key markets. The simulations predicted that there would be a recession in many of DuPont's major markets in 1990.

As of 2016, Saylor had been granted 31 patents and had nine additional applications under review.

MicroStrategy

Using the funds from DuPont, Saylor founded MicroStrategy with Sanju Bansal, his MIT fraternity brother.

Saylor took the company public in June 1998, with an initial stock offering of 4 million shares priced at $12 each. The stock price doubled on the first day of trading. By early 2000, Saylor's net worth reached $7 billion, and the Washingtonian reported that he was the wealthiest man in the Washington D.C. area.

In 1996, Saylor was named KPMG "Washington High-Tech Entrepreneur of the Year". In 1997, Ernst & Young named Saylor its "Software Entrepreneur of the Year", and the following year, Red Herring Magazine listed him as one of its "Top 10 Entrepreneurs for 1998". Saylor was also listed by the MIT Technology Review as an "Innovator Under 35" in 1999.

On March 20, 2000, MicroStrategy announced that it would restate its financial results for the previous two years. MicroStrategy’s stock price, which had soared from $7 per share to as high as $333 per share over the course of a year, plummeted 62%, dropping to $120 per share in a single day. This significant decline is considered one of the key events marking the burst of the dot-com bubble. By August 2000, approximately two dozen class action securities fraud actions were filed in the United States District Court for the Eastern District of Virginia against the company. In December 2000, the U.S. Securities and Exchange Commission filed fraud charges against MicroStrategy and its executives. MicroStrategy ultimately settled with the SEC, agreeing to hire an independent director to ensure ongoing regulatory compliance.

After his leadership was criticized by several major investors in 2014, Saylor has since opted for a symbolic one-dollar salary without any cash bonuses, but with stock options. According to Bloomberg, Saylor exercised those option for around $400 million in the first quarter of 2024.

On August 8, 2022, Saylor assumed the title of executive chairman of MicroStrategy and appointed Phong Le, the company's president, to succeed him as CEO. Saylor said in a press release, "As Executive Chairman I will be able to focus more on our bitcoin acquisition strategy and related bitcoin advocacy initiatives, while Phong will be empowered as CEO to manage overall corporate operations."

As of November 2024, Saylor owns 19,998,580 shares (Class B common stock), about 9.9% of the total outstanding shares, and has approximately 45% of the voting power. This increase in shares is mainly due to a MSTR stock split on August 8th 2024 at a 10:1 ratio for both class A and B shares.

In February 2025, the company rebranded from MicroStrategy to Strategy. The new logo was destined to include a stylized “B”, signifying the company’s bitcoin strategy. The brand’s primary color was also changed to orange, “representing energy, intelligence, and bitcoin”.

Bitcoin advocacy

Saylor is an advocate of bitcoin, stating that he believes it will displace gold as a non-governmental store of value. Saylor has said that "capital preservation" is Bitcoin's utility and compares buying it to buying a home in a city everyone wants to move to. According to Saylor, bitcoin is "the apex property of the human race."

On MicroStrategy's quarterly earnings conference call in July 2020, Saylor announced his intention for MicroStrategy to explore purchasing bitcoin, gold, or other alternative assets instead of holding cash. The following month, MicroStrategy used $250 million from its cash stockpile to purchase 21,454 bitcoins. This bitcoin purchase popularized the term digital asset treasury (DAT) for public companies holding cryptocurrency as a treasury asset.https://www.bloomberg.com/news/articles/2025-09-26/digital-asset-treasury-companies-dats-what-you-need-to-know

MicroStrategy later added $175 million of bitcoin to its holdings in September 2020 and another $50 million in early December 2020. On December 11, 2020, MicroStrategy announced that it had sold $650 million in convertible senior notes, taking on debt to increase its Bitcoin holdings to over $1 billion worth. On December 21, 2020, MicroStrategy announced their total holdings include 70,470 bitcoins purchased for $1.125 billion at an average price of $15,964 per bitcoin. As of February 24, 2025 holdings include 499,096 bitcoins acquired for $27.95 billion at an average price of $62,473 per bitcoin.

Despite criticism from skeptics like Peter Schiff, Saylor remains confident in Bitcoin as an inflation hedge and a transformative financial asset. MicroStrategy has significantly increased its Bitcoin holdings, recently announcing a $700 million debt sale to further invest in the cryptocurrency. Saylor has also expressed his willingness to advise on crypto policy, potentially serving on a crypto advisory council for the Trump administration.

Political views

COVID-19 response criticism

In a 3,000-word memo to all MicroStrategy employees on March 16, 2020, entitled "My Thoughts on COVID-19," Saylor criticized countermeasures then being recommended against the disease, saying that it is "soul-stealing and debillitating [sic] to embrace the notion of social distancing & economic hibernation" and predicting that in the worst-case scenario, global life expectancy would only "click down by a few weeks." Saylor also refused to close MicroStrategy's offices unless he was legally required to do so. The full content of the memo appeared on Reddit for only a few minutes and was reposted in the Washington Business Journal.

''The Mobile Wave''

In June 2012, Saylor released The Mobile Wave: How Mobile Intelligence Will Change Everything, published by Perseus Books, which discusses trends in mobile technology and their future impact on commerce, healthcare, education, and the developing world. The book appeared on the New York Times Best Seller list, where it was ranked number seven in hardcover non-fiction books in August 2012, and was ranked number five in hardcover business books on the Wall Street Journal's Best-Sellers list in July 2012.

Saylor Academy

In 1999, Saylor established The Saylor Foundation (later named Saylor Academy), of which he is the sole trustee. Saylor.org was launched in 2008 as the free education initiative of The Saylor Foundation.

Awards and recognition

Saylor has received several awards and recognition throughout his career. In 1996, he was named KPMG High Tech Entrepreneur of the Year. His leadership at MicroStrategy earned him a spot on Ernst & Young's Entrepreneur of the Year list in 1997. Additionally, Saylor has been featured in various industry publications and lists, recognizing his influence and impact on the tech industry and digital currency advocacy.

Controversies

SEC investigation

In March 2000, the U.S. Securities and Exchange Commission (SEC) brought charges against Saylor and two other MicroStrategy executives for the company's inaccurate reporting of financial results for the preceding two years. In December 2000, Saylor settled with the SEC without admitting wrongdoing by paying $350,000 in penalties and a personal disgorgement of $8.3 million. As a result of the restatement of results, the company's stock declined in value and Saylor's net worth fell by $6 billion.

District of Columbia tax fraud lawsuit

On August 31, 2022, the Attorney General for the District of Columbia sued Saylor for tax fraud, accusing him of illegally avoiding more than $25 million in D.C. taxes by pretending to be a resident of other jurisdictions during the years 2005 to 2021. He initially claimed he resided in Virginia during the period, then later claimed that he resided in Florida. MicroStrategy was accused of collaborating with Saylor to facilitate his tax evasion by misreporting his residential address to local and federal tax authorities and failing to withhold D.C. taxes. Saylor issued a statement saying: "I respectfully disagree with the position of the District of Columbia and look forward to a fair resolution in the courts." In June 2024, Saylor settled the tax dispute by agreeing to pay a $40 million fine.

References

References

1. (2013). "Leadership". MicroStrategy.
2. (1 March 2000). "The Seven Billion Dollar Man". The Washingtonian.
3. (6 January 2002). "MicroStrategy's CEO Sped to the Brink". The Washington Post.
4. Glasser. (15 July 1996). "From the Ground Up and Up". [[The Washington Post]].
5. "Patents by Inventor Michael J. Saylor". Justia.com.
6. (31 March 2000). "People and Technology – MicroStrategy Inc.". Fast Company.
7. Stewart Alsop. (8 September 1997). "Now I know how a real visionary sounds". CNN.
8. (11 June 1998). "Initial Public Offerings Key Data". NASDAQ.
9. Mark Leibovitch. (9 August 1998). "A Journey Into the Secret Heart of Capitalism". Washington Post.
10. Stan Hinden. (6 July 1998). "Transforming information into another public utility". New Straits Times.
11. (21 June 2000). "Michael Saylor". The Washington Post.
12. "Michael J. Saylor, 34". MIT Technology Review.
13. Hilzenrath, David S.. (March 22, 2000). "For MicroStrategy, A Matter of Timing". [[The Washington Post]].
14. (March 20, 2000). "MicroStrategy plummets". [[CNN Money]].
15. "In re Microstrategy Inc. Securities Litigation, No. CIV.00-473-A {{!}} Casetext Search + Citator".
16. (December 14, 2000). "SEC Brings Civil Charges Against MicroStrategy, Three Executive Officers for Accounting Violations". [[U.S. Securities and Exchange Commission]].
17. Lau, Debra. (December 18, 2000). "Forbes Faces: Michael Saylor". [[Forbes]].
18. Hilzenrath, David S.. (December 15, 2000). "Saylor, Associates Settle Fraud Charges". [[The Washington Post]].
19. Heath, Thomas. (September 8, 2014). "MicroStrategy CEO reduces pay to $1 from $875,000 following criticism of stewardship". The Washington Post.
20. (April 24, 2024). "MicroStrategy's Saylor Reaps a Stock Windfall During Bitcoin's Record Run". Bloomberg News.
21. (August 2, 2022). "MicroStrategy CEO Saylor moves to chairman role, focusing on strategy and bitcoin". CNBC.
22. (November 22, 2024). "MicroStrategy CEO Saylor Institutional Ownership". Fintel.
23. Strategy. (2025-02-05). "MicroStrategy is now Strategy".
24. (2025-01-05). "Strategy.com".
25. (2021-11-19). "Michael Saylor: Bitcoin to Replace Gold This Decade". [[FXEmpire]].
26. (2024-03-12). "Bitcoin is the best investment asset: Michael Saylor".
27. (11 August 2020). "MicroStrategy buys $250M in Bitcoin as CEO says it's superior to cash". American City Business Journals.
28. "MicroStrategy Announces Over $1B in Total Bitcoin Purchases in 2020".
29. "MicroStrategy Acquires Additional 19,452 Bitcoins for $1.026 Billion".
30. Qureshi, Mehab. (2024-12-18). "Michael Saylor Says He's Willing to Advise Trump Administration on Crypto: 'I've Met With A Lot of People..'".
31. (19 March 2020). "MicroStrategy CEO Michael Saylor questions 'dizzying' national response to coronavirus outbreak in lengthy staff email". American City Business Journals.
32. (18 March 2020). "The tech execs who don't agree with 'soul-stealing' coronavirus safety measures". The Guardian.
33. (27 June 2012). "MicroStrategy CEO Michael Saylor's "The Mobile Wave" Examines the Implications of Mobile Technology". The Washingtonian.
34. (5 August 2012). "Best Sellers — Hardcover Nonfiction". The New York Times.
35. (20 July 2012). "Best-Selling Books, Week Ended July 15". The Wall Street Journal.
36. "About the Saylor Foundation". Saylor Foundation.
37. "Michael Saylor: Michael Saylor Net Worth, Biography, Age, Spouse, Children & More".
38. David S. Hilzenrath. (14 April 2000). "SEC Investigating MicroStrategy". The Washington Post.
39. Debra Lau. (18 December 2000). "Forbes Faces: Michael Saylor". Forbes.com.
40. David S. Hilzenrath. (15 December 2000). "Saylor, Associates Settle Fraud Charges". The Washington Post.
41. (14 December 2000). "SEC Brings Civil Charges Against MicroStrategyand Three Executive Officers for Accounting Violations". U.S. Securities and Exchange Commission.
42. (23 March 2000). "Michael Saylor MicroStrategy's cult leader". Slate.
43. (8 February 2004). "MicroStrategy's Second Wind". Bloomberg.
44. Laris, Michael. (3 June 2024). "Bitcoin billionaire, firm to settle D.C. tax fraud suit for $40 million". [[The Washington Post]].
45. "AG Racine Sues DC-Based Billionaire Michael Saylor & Software Company Microstrategy for Evading More Than $25 Million in District Taxes".
46. (31 August 2022). "MicroStrategy Chair Michael Saylor accused of evading $25 million in taxes by DC attorney general".

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