TD₿: Bitcoin Macro Strategy by Michael Saylor with Ross Stevens
TL;DR Learn why corporations and institutions are increasingly putting Bitcoin on their balance sheets.
Michel Saylor blasted onto the Bitcoin scene in the wake of the COVID-19 stock market crash back in the Spring of 2020.
I for one was immediately impressed with not only Michael’s understanding of Bitcoin right off the bat but also the level of conviction he showed.
Michael didn’t just start off buying a little bit of Bitcoin, he bought 21,454 bitcoins for $250 million dollars!
“This investment reflects our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash.” - Michael Saylor, 08/11/2020
There are few conversations that I listen to where I immediately want to relisten to it again.
This conversation between Michael Saylor and NYDIG Founder & Executive Chairman Ross Stevens is definitely one of them (02/04/2021).
I think it’s safe to say Michael Saylor made the right decision.
Saylor’s first $250 million dollar Bitcoin investment is now worth ~$1.05 billion dollars. 🚀
Tick tock next block,
Sign up for Swan and gift some Bitcoin to your loved ones this holiday season.
Quote of the Day
“The magic of Bitcoin isn’t the transfer of money to someone 10,000 miles away – it is the transfer of money to someone 10,000 days away.” - Michael Saylor, CEO of Microstrategy
Meme of the Day