business

Michael Saylor’s Bitcoin Machine Is Misfiring on Every Cylinder

Bloomberg Markets · Jun 4, 2026, 4:10 PM · Also reported by 4 other sources

Michael Saylor built Strategy Inc. around a straightforward idea: raise money to buy Bitcoin, then never sell it. Over time, that simple bet has turned far more complicated.

Read full story on Bloomberg Markets → More top stories

Also covered by

Decrypt Strategy's Michael Saylor Blames 'Capital Rotation' Into AI as Bitcoin Dives 13% CoinDesk Live markets: Saylor speaks as bitcoin plunges to $62,000 CoinDesk Bitcoin isn't crashing because of Saylor, it's losing the momentum trade CoinDesk Strategy's Saylor's explanation for bitcoin's slide isn't what bears think

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Michael Saylor’s Bitcoin Machine Is Misfiring on Every Cylinder

Also covered by

More in business