Michael Saylor steps down as CEO of MicroStrategy

Software intelligence company MicroStrategy is known to be a big bitcoin (BTC) fan. Indeed, she acquired a lot of bitcoins this year, being among the largest holders of BTC. And the company wants to continue on this created. To this end, Michael Saylor, the CEO, intends to leave his current position to focus on MicroStrategy’s bitcoin (BTC) acquisition strategy.

Saylor to become executive chairman

According a tweet from Bitcoin Magazine on August 2, “Michael Saylor to Move from CEO to Executive Chairman to Focus on MicroStrategy’s Bitcoin Acquisition Strategy“. Saylor himself said in a statement:As Executive Chairman, I will be able to focus more on our bitcoin acquisition and related bitcoin advocacy initiatives, while Phong will be empowered as CEO to manage all of the company’s strategy operations.“.

Michael will begin by taking on his new role as Executive Chairman from August 8. Phong Le, who has chaired MicroStrategy since July 2020, will take over Saylor’s position. He will then take care of the company’s software monitoring activities. In his new role, Michael will be responsible for the company’s BTC-enabled division.

That said, in a conference call, Saylor said, “I will be more efficient, Phong will be more efficient.“. He also indicated that MicroStrategy could launch new projects on the Bitcoin (BTC) market very soon. According to him, the company is well positioned to offer enterprise software based on the Bitcoin (BTC) blockchain.

For the future ex-CEO of MicroStrategy, BTC has a bright future ahead of him. Indeed, Michael Saylor believes that the current rise in the US dollar is favorable for bitcoin in the long term. Moreover, he made it clear that the interest of banks for this crypto is not going to stop growing.

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