Michael Saylor downplays Trump tariff panic, bets on Bitcoin and US dollar stability
Michael Saylor, the billionaire co-founder of MicroStrategy and one of Bitcoin's most vocal corporate champions, has urged investors to remain calm amid fears that the Trump administration's sweeping tariffs could destabilise the global economy.
Speaking to Al Arabiya News' Hadley Gamble, Saylor described the current market climate as 'manic,' cautioning against placing too much faith in 'nominal proclamations' from politicians or commentators. 'It's a mistake to extrapolate linearly based upon everybody's nominal pronunciations,' he said. 'It's not likely that what we think will happen.'
While acknowledging the turbulence sparked by the return of aggressive US trade policy under President Donald Trump, Saylor suggested the world was undergoing a necessary 'change in status quo.' He implied that a rebalancing of trade flows, particularly in relation to China's long-running surplus with the United States, was both inevitable and overdue.
'There is definitely change afoot,' he said, but warned that many fears were overstated. Saylor's comments come as financial markets fluctuate wildly in response to tariffs, threatened supply chain disruptions, and dire predictions from economists.
Instead of panic, Saylor advised focusing on technological and monetary evolution. 'I'm extraordinarily enthusiastic about digital capital,' he said, calling Bitcoin 'the best investment idea in the world.' He argued that Bitcoin was the superior store of value compared to traditional assets weighed down by risks such as government regulation, currency debasement, and political instability.
Today, Bitcoin trades around $63,000, having risen dramatically over the past five years despite its well-publicised volatility. Saylor remains unfazed, describing Bitcoin's rise as 'the relentless passage of time causing intelligent, informed capitalists to strip risk from their portfolios by converting 20th-century assets into digital assets.'
Alongside his bullishness on Bitcoin, Saylor also expressed strong confidence in the future of the US dollar. Despite widespread speculation that tariffs, debt accumulation, and political dysfunction could undermine the greenback, Saylor dismissed these concerns outright. 'The US dollar will be the world reserve currency for the rest of our lives, certainly for the next generation, maybe for 100 years,' he said. 'It shows every indication of getting stronger, not weaker.'
He pointed to the massive global demand for dollar-backed digital assets such as Tether as evidence of the dollar's enduring supremacy, noting that even in Europe, 99 percent of digital currency demand remains for the dollar rather than the euro.
On energy markets, Saylor welcomed the Trump administration's push for US energy dominance, arguing that abundant and reliable power will be critical for the next wave of AI and crypto innovation.
'You can't power the intelligent economy with intermittent energy sources,' he said. 'Massive amounts of cheap electrical power are vital.'
Saylor, whose company has spent $30 billion on Bitcoin in the past five months alone, remains undeterred by criticism of his aggressive strategy. 'We are buying billions a week as fast as we can,' he said. 'Our corporate mission is securitising Bitcoin.'
When asked what keeps him up at night, Saylor's answer was characteristically straightforward: 'I think about ways to get more Bitcoin.'
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