August 11, 2020: Michael Saylor drops the hammer. MicroStrategy becomes the first public company to stack $BTC—21,454 coins for $250M.

Wall Street laughed. Analysts called it reckless.

Fast forward: that same stack is now worth ~$1.7B. MicroStrategy went from obscure software company to one of the most traded tech names globally.

Saylor didn't just buy $BTC. He rewrote corporate treasury playbooks and proved conviction > consensus.

The best trades always look insane at first.