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Why MicroStrategy Bought $40 Billion Worth of Bitcoin — ft. Michael Saylor

Why MicroStrategy Bought $40 Billion Worth of Bitcoin — ft. Michael Saylor

Prof G Markets · Vox Media Podcast Network

December 5, 20241h 15m

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Show Notes

Scott and Ed open the show by discussing the resignation of Intel’s CEO, Trump’s tariff threat to the BRICS nations, and a Delaware judge’s decision to reaffirm her ruling against Elon Musk’s $50 billion pay package. Then Michael Saylor, the founder and executive chairman of MicroStrategy, joins the show to discuss why MicroStrategy went all in on Bitcoin and how the company is securitizing the cryptocurrency. He explains why MicroStrategy pivoted from a business intelligence firm to a Bitcoin treasury company. Finally, he addresses the risk of that strategy, and why he’s confident in Bitcoin’s ability to stay interesting. 

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