He escaped Epstein's trap, only to fall into Bitcoin's

Original Author: Kuli, Shenchao TechFlow

There's a reason why one person can hold onto 710,000 Bitcoins.

Last Friday, the U.S. Department of Justice released documents related to the Epstein case, spanning 3 million pages. Politicians, billionaires, celebrities—a string of names are popping out from these materials. Michael Saylor, the founder of Strategy (formerly MicroStrategy), is also in there.

However, the way Saylor appears is a bit special; he was at the table of those who were disliked.

Based on currently disclosed information, in 2010, Epstein's publicist Peggy Siegal complained in a private email:

"A guy named Saylor paid $25,000 for a dinner ticket, and I was supposed to socialize with him. But this guy was completely impossible to talk to, like a drugged zombie. I couldn't stand it and ran away halfway through."

Peggy's main job was as a Hollywood movie publicist, with a side gig of organizing dinners for Epstein, essentially scouting for wealthy people to bring into the circle.

Socializing with the wealthy, helping them meet the right people at parties and dinners, ensuring they have fun and spend their money comfortably. After decades in the business, she's presumably seen all kinds of billionaires.

But Saylor, she couldn't handle.

The reason wasn't that he had character flaws; it was that he was too dull. He paid to get in, sat there unable to engage in conversation, showing zero interest in socializing.

Peggy's exact words were, "I don't even know if I can take his money, I have no idea how to handle him... He has no personality, completely lacks social graces."

Now that the Epstein case has exploded, people on the list are busy distancing themselves. Saylor, on the other hand, never managed to squeeze in back then.

Being overly boring and reclusive became a protective shield.

But when this "boredom" is placed in a different context, it's another story.

Saylor's company, Strategy (formerly MicroStrategy), is the publicly traded company holding the most Bitcoin globally. In January of this year, while Bitcoin was still fluctuating around $90,000, they bought over 37,000 more Bitcoins, spending $3.5 billion.

Buying almost every week, like clockwork.

As of now, Strategy holds 712,647 Bitcoins with an average cost of $76,037. Today, Bitcoin just fell below $76,000, meaning Saylor's position is right at the break-even line.

The market fear index hit a 20-week high, and the crypto space is filled with cries of despair. Strategy's stock price has also dropped 60% from its peak.

But Saylor tweeted "More Orange," implying he'll continue buying next week.

Back then, Peggy said he was like a zombie. Looking at it now, hoarding Bitcoin might be a job only a zombie can do.

No explanations, no timing the market, no getting off. Feeling nothing about the outside world, and feeling perfectly fine about oneself.

And while Peggy complained back then about not knowing how to help him spend his money, Saylor has clearly found his own way to spend it: buying Bitcoin.

Judging from that email, Saylor was an outsider in the world of fame and fortune. Unable to sit still, unable to chat, spending an evening as if he never came. But such people can sit tight in trading.

No need for socializing, no need to cultivate relationships, no need to guess others' thoughts. Just focus on one thing, buy every week, and never sell.

Dull, uninteresting, insensitive to the outside world... These traits are flaws in social settings, but when it comes to hoarding Bitcoin, they might be a talent.

After this story spread, classic memes have already appeared on Twitter, suggesting that Saylor has no interest in underage girls but is extremely obsessed with underage assets.

From a hindsight perspective, this exposure has, to some extent, built a positive image for Saylor.

After the Epstein case broke in 2019, Peggy, the publicist, had all her contracts canceled by clients like Netflix and FX, essentially ending her PR career; meanwhile, Saylor has now become one of the world's largest Bitcoin holders.

The disliked one is still buying Bitcoin, while the one who disliked him is already out of the game.

But to be fair, Saylor's current situation isn't that easy either.

The new Fed Chairman, Warsh, is hawkish, and the market expects he won't aggressively cut rates after taking office. Once interest rate expectations change, all kinds of global assets come under pressure collectively.

Gold fell, silver fell, and Bitcoin fell even harder.

Compounded by tariff friction and tense U.S.-Europe relations, capital is starting to flow into traditional safe-haven assets. The narrative of Bitcoin as "digital gold" is gradually fading.

If Bitcoin continues to fall, Strategy's ability to raise funds by issuing new shares will weaken, and the flywheel of the Bitcoin-stock rotation could turn into a death spiral.

But Saylor genuinely seems not to care about any of this, which might be the other side of being "boring."

Ordinary investors can't do what Saylor does, not because they lack money, but because they are too "normal." Normal people watch the news, look at charts, listen to what others say. When the fear index spikes, their hands get itchy, and their hearts start to ache.

Making decisions every day, each decision draining willpower.

But in Saylor's strategy, there seems to be no "decision-making"环节. Buying is the only action; not selling is the only principle.

In his own words: "Bitcoin is the best asset ever invented by mankind, why would I sell it?"

You could call this faith, or you could call it obsession. But from an execution standpoint, the biggest advantage of this system is:

It doesn't require you to be smart, only to be boring.

Of course, this isn't advice to emulate him. Saylor's backing is a publicly traded company; he can issue stock, borrow money. Ordinary people don't have these options, and trying to copy his moves will most likely only lead to losses.

But there's one thing perhaps worth learning from.

In investing, "interesting" is often the source of losses.

Frequent trading, chasing trends, following news, using leverage... These behaviors that make investing "interesting" are precisely the enemies of returns.

The strategies that truly make money are often so boring they make you want to fall asleep.

Saylor's case is a bit extreme, but the logic holds. In a market full of noise, "boredom" might be the rarest ability.

Those who were socially adept at parties back then are now either distancing themselves, under investigation, or have completely disappeared.

Perhaps, hoarding Bitcoin and being a person share the same principle:

Don't linger in lively places; boring things are what's worth doing long-term.