Transcript Ep. 209: Why Bitcoin Now: Michael Saylor on the Best Way for Companies to Buy Bitcoin
Laura Shin:
Welcome to Unchained, your no-hype resource for all things crypto. I’m your host, Laura Shin, a journalist with over two decades of experience. I started covering crypto five years ago and as a senior editor at Forbes was the first mainstream media reporter to cover crypto currency full-time. Subscribe to Unchained on YouTube where you can watch the videos of me and my guests. Go to youtube.com/c/unchainedpodcast and subscribe today.
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Laura Shin:
Today’s guest is Michael Saylor, Founder and CEO of MicroStrategy. Welcome, Michael.
Michael Saylor:
Thanks for having me.
Laura Shin:
Since events in bitcoin move so quickly I want to let the audience know that we’re recording on the afternoon of Friday, January 22. This morning MicroStrategy announced it had purchased another 10 million dollars’ worth of bitcoin. “In accordance with its treasury reserve policy MicroStrategy already has 1.1...or had already purchased 1.1 billion dollars’ worth of bitcoin in 2020 that is now worth about 2.3 billion dollars.” Is the treasury reserve policy simply to allocate any excess cash to bitcoin?
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