Saylor Compares Buying Bitcoin to Golf Strategy: 'Rich People Like to Buy Bitcoin'

Michael Saylor, chairman of Strategy (MSTR), compared investing in Bitcoin to playing golf in a recent video post. He filmed himself on a golf course, wearing a business suit and methodically sinking balls into holes.

In the video, Saylor stated that 'rich people like to buy Bitcoin' and that 'buying Bitcoin makes you rich.' He also mentioned that he needs to buy more Bitcoin.

This philosophy is supported by Strategy's September report, which showed the company ranked second among financial companies in the S&P 500 with $66 billion in Total Reserve Capital (TRC).

Strategy's reserve coverage ratio reached a record 10.75x, while traditional giants such as JPMorgan Chase and Citigroup fell deep into negative territory due to customer deposits.