WuBlockchain Podcast

EP-32 Interview with MicroStrategy Founder Michael Saylor


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In this interview, Colin from WuBlockchain discussed the following topics with MicroStrategy founder Michael Saylor, including: Will MicroStrategy continue acquiring Bitcoin indefinitely? Could MicroStrategy face risks in the future? How does he view the cyclical nature of cryptocurrencies and the potential upcoming bear market? Will MicroStrategy lend or stake Bitcoin to earn interest? What does he think about Asian companies imitating MicroStrategy? Will MicroStrategy develop its own Bitcoin network? How much Bitcoin does Michael personally hold, and why did he announce that he would destroy his private keys after his death? Does he still believe that "bank custody is safer than self-custody"? How does he view Trump's new policies and the idea of a national Bitcoin reserve? Is Bitcoin becoming too centralized in the U.S.? Is Bitcoin too expensive, accessible only to the wealthy and institutions? What are his thoughts on young people investing in memecoins? Is Bitcoin a religion? And what advice does he have for Chinese investors? 

As of February 9, 2025, MicroStrategy holds 478,740 BTC, with a total acquisition cost of $31.1 billion and an average purchase price of $65,033, making it the largest Bitcoin-holding entity in the world. Text summary

Timeline:

00:00 Introduce yourself and MicroStrategy

02:03 Will MicroStrategy keep buying Bitcoin?

03:23 Concerns about MicroStrategy's average purchase price

04:30 Thoughts on Bitcoin price cycles and a possible bear market

07:05 Will MicroStrategy lend or stake Bitcoin?

08:34 How do you see Asian miners adopting MicroStrategy's strategy?

09:45 Will MicroStrategy develop or support Bitcoin Layer 2 solutions?

11:22 How much Bitcoin do you personally own? Any other crypto?

12:02 Why not leave your Bitcoin to family or donate it after death?

15:02 Are banks safer than self-custody for Bitcoin?

19:55 How would Trump's election affect crypto? Would he create a national Bitcoin reserve?

21:10 Is Bitcoin still decentralized?

23:22 Are other cryptocurrencies worth considering? Thoughts on meme coins?

29:30 Is Bitcoin too expensive for average investors?

33:14 Will MicroStrategy continue promoting Bitcoin globally?

36:10 Will Bitcoin's protocol evolve?

38:45 Is Bitcoin a religion? How does it compare to meme coins?

41:24 Any message for Chinese investors?

...more
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WuBlockchain PodcastBy WuBlockchain Podcast