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Podcast: Unchained
Episode: Why Bitcoin Now: Michael Saylor on the Best Way for Companies to Buy Bitcoin
Description: Michael Saylor, CEO and founder of Microstrategy, explains how he decided the publicly traded business data firm needed to put its excess cash in bitcoin and what happened afterward. In this episode, we discuss:Â
why Microstrategy decided to buy Bitcoin, and how the pandemic spurred that
whether his previous experience with Microstrategy stock imploding after accounting irregularities were revealed had any bearing on the company's decision to buy bitcoin
the reactions of the officers and board members to his suggestion to invest in bitcoin
why they put all the excess cash into bitcoin as opposed to some percentage
w...