Michael Saylor, cofounder and executive chairman of Strategy, has dropped a stunning message about Bitcoin (BTC), the leading digital currency. In a post on his official X handle, Saylor stated, “If you have everything – you don’t need Bitcoin.”
Bitcoin as lifeline for unprivileged
Saylor’s message is provocative to critics of Bitcoin and its utility in the broader financial ecosystem. The executive chairman of Strategy opines that only those who have “everything” can afford to live without Bitcoin.
Notably, this would imply that financially secure people enjoy freedom, economic and currency stability, and access to reliable banking systems. Such individuals might not need to protect their wealth from inflation, devaluation or censorship.
Through his latest statement, Saylor highlighted that those who dismiss the top digital currency must be privileged enough to live in perfect conditions, with no fears of inflation, strong property rights and abundance.
If you have everything—you don’t need Bitcoin.
— Michael Saylor (@saylor) June 12, 2025
However, billions of humans worldwide do not have “everything” and, as such, require Bitcoin, which proponents like Saylor noted could become life-changing. Saylor is advocating that Bitcoin remains a critical safeguard against systemic risks.
Saylor has always strongly advocated Bitcoin as a decentralized and secure asset, which is a reliable alternative to fiat currency.
Strategy’s relentless Bitcoin accumulation
Saylor’s bullish disposition toward Bitcoin has propelled Strategy on a massive accumulation spree of the leading digital asset. As of last count, Strategy holds 582,000 BTC. This signals the staggering progress made since 2020, when the company embraced Bitcoin.
In a recent analysis of the performance of different global companies, Strategy emerged as the leading entity. It surpassed tech giants and gold.
Bitcoin continues to appreciate in value and recently attempted to flip its all-time high (ATH) of $111,970, achieved in May 2025. As of press time, the BTC price was pegged at $107,041, a 2.34% decline after correction due to market volatility.
