Transcript Ep. 209: Why Bitcoin Now: Michael Saylor on the Best Way for Companies to Buy Bitcoin
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Today’s guest is Michael Saylor, Founder and CEO of MicroStrategy. Welcome, Michael.
Thanks for having me.
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?