Since 2020, Saylor has leveraged his publicly traded company to amass over $14 billion in paper profits by buying more than $30 billion worth of Bitcoin, positioning MicroStrategy as the largest corporate holder of the cryptocurrency. It’s a strategy that has drawn admiration from Bitcoin maximalists and skepticism from traditional investors alike.

MicroStrategy claims to have found an infinite money glitch by using inflating dollars to accumulate scarce bitcoin. But how does it actually work?

The architect of the company’s audacious Bitcoin-hoarding strategy explains why he calls the crypto “a flow of money from the 20th century to the 21st century.”