Bitcoin bull Michael Saylor nets $700 million in gains on three-day pop in crypto and MicroStrategy

Michael Saylor, chairman and chief executive officer of MicroStrategy, first got into bitcoin in 2020, when he decided to start adding the cryptocurrency to MicroStrategy's balance sheet as part of an unorthodox treasury management strategy.When MicroStrategy's Michael Saylor came on CNBC's "Closing Bell: Overtime" in December to talk about crypto, he said "the one thing we can count on is bitcoin goes forward in the year 2024, and a strategy built around bitcoin is generally a pretty safe one for instituti ...