Sovereign Wealth Funds Are Ready to Buy Bitcoin Says Saylor Reading Time: 2min read Bitcoin-bull Michael Saylor of MicroStrategy gives his expectations for the next round of institutional buyers coming into the space. What’s surprising is that Saylor believes governments, via sovereign wealth funds, are next in line to buy. Saylor Believes Bitcoin Over Gold is The Smart Play When it comes to the question of wealth preservation, parallels between gold and Bitcoin are often drawn. However, Saylor points out that gold’s performance over the last year has been pitiful compared to Bitcoin. More so, over the longer term.