18 min listen
‘I Didn’t Buy It to Sell It. Ever.’ MicroStrategy’s Michael Saylor on His $425 Million Bitcoin Bet
FromThe Breakdown
‘I Didn’t Buy It to Sell It. Ever.’ MicroStrategy’s Michael Saylor on His $425 Million Bitcoin Bet
FromThe Breakdown
ratings:
Length:
81 minutes
Released:
Sep 19, 2020
Format:
Podcast episode
Description
MicroStrategy made waves when it announced in early August it was moving $500,000,000 in treasury reserves out of cash. At least $250 million were to be moved into bitcoin. Earlier this week, the company announced its final bitcoin purchases totaled $425 million. In this conversation with NLW, MicroStrategy CEO Michael Saylor explains: Why he’s always treated the company with a long time horizon Why the asset inflation rate is the real inflation rate How he became convinced that bitcoin is the best treasury asset in the world Why Michael believes some other companies will follow suit, but better do so quick Why the intensity of maximalists is actually part of the reason he grew conviction around the asset Why he would buy every bitcoin if he could
Released:
Sep 19, 2020
Format:
Podcast episode
Titles in the series (100)
Crypto Daily 3@3 - 7.16 | Libra Hearing Day 1 Recap - Senate Banking Committee: Libra's David Marcus testified before a relatively hostile Senate Banking Committee today. In today's we go over: 1) Facebook's trust problem; 2) the most important topics and themes of the questioning; 3) what it all means for Bitcoin. ... by The Breakdown