The Breakdown

‘I Didn’t Buy It to Sell It. Ever.’ MicroStrategy’s Michael Saylor on His $425 Million Bitcoin Bet


Listen Later

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
...more
View all episodesView all episodes
Download on the App Store

The BreakdownBy Blockworks

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

726 ratings


More shows like The Breakdown

View all
Unchained by Laura Shin

Unchained

1,206 Listeners

TFTC: A Bitcoin Podcast by Marty Bent

TFTC: A Bitcoin Podcast

765 Listeners

The Peter McCormack Show by Peter McCormack

The Peter McCormack Show

2,161 Listeners

CoinDesk Podcast Network by CoinDesk

CoinDesk Podcast Network

636 Listeners

Stephan Livera Podcast by Stephan Livera

Stephan Livera Podcast

410 Listeners

The Pomp Podcast by Anthony Pompliano

The Pomp Podcast

1,834 Listeners

On The Brink with Castle Island by Castle Island Ventures

On The Brink with Castle Island

287 Listeners

What Bitcoin Did by Danny Knowles

What Bitcoin Did

251 Listeners

Markets Daily Crypto Roundup by CoinDesk

Markets Daily Crypto Roundup

131 Listeners

Bankless by Bankless

Bankless

1,023 Listeners

The Wolf Of All Streets by Scott Melker

The Wolf Of All Streets

227 Listeners

Swan Signal Live - A Bitcoin Show by Swan Bitcoin

Swan Signal Live - A Bitcoin Show

178 Listeners

Empire by Blockworks

Empire

164 Listeners

Supply Shock by Blockworks

Supply Shock

115 Listeners

Coin Stories by Natalie Brunell

Coin Stories

414 Listeners

Bitcoin Builders by Nathaniel Whittemore

Bitcoin Builders

53 Listeners

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

479 Listeners