Episode 62 of Season 5 of The Scoop
In this episode, The Block’s Frank Chaparro interviews Michael Saylor, the Executive Chairman of MicroStrategy. Saylor discusses why MicroStrategy has invested in bitcoin and addresses recent developments in the cryptocurrency market.
Key Points:
– MicroStrategy has acquired a significant amount of bitcoin since 2020, making them one of the largest corporate holders of the cryptocurrency.
– Saylor believes bitcoin’s performance over the last two years demonstrates its relative strength compared to other asset classes.
– Saylor shares his thoughts on the recent influx of ETF applications for bitcoin and the ongoing debate surrounding Ordinals and BRC-20.
– The conversation touches on topics such as the legitimization of bitcoin, the concept of bitcoin maximalism, and concerns about unregistered securities.
– Saylor also discusses the potential impact of government crackdowns on cryptocurrencies and the prospects of a spot Bitcoin ETF.
Hot Take:
In this episode, Michael Saylor provides insights into MicroStrategy’s decision to invest in bitcoin and offers his perspective on various bitcoin-related topics. The discussion sheds light on the company’s strategy and Saylor’s views on the future of cryptocurrencies.
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