Michael J. Saylor is an American entrepreneur and business executive, who co-founded & leads MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services. In this video Michael Saylor talks about ‘the physics of money’ and the purpose of wealth.
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Why You Should Never Sell Your Bitcoin – Michael Saylor (The Physics of Bitcoin)
Michael J. Saylor (born February 4, 1965) is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services.
In August 2020, MicroStrategy used $250 million from its cash stockpile to purchase 21,454 Bitcoin. MicroStrategy later added $175 million of Bitcoin to its holdings in September 2020 and another $50 million in early December 2020. On December 11, 2020, MicroStrategy announced that it had sold $650 million in convertible senior notes, taking on debt to increase its Bitcoin holdings to over $1 billion worth. On December 21, 2020, MicroStrategy announced their total holdings include 70,470 bitcoins purchased for $1.125 billion at an average price of $15,964 per bitcoin.
0:17 – Why is Blockchain so great now?
4:07 – The Pandemic as a catalyst
#Bitcoin #BTC #MichaelSaylor #FinancialEducation
Full interview (Credits): Michael Saylor: The Physics of Bitcoin
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