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

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.

A photo illustration of Michael Saylor with laser beams out of his ideas at the Bitcoin 2021 convention in Miami, Florida on June 4, 2021.

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

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