1008: MICHAEL SAYLOR REVEALS WHY HE EXITED MICROSTRATEGY AS CEO AMID $918 MILLION BITCOIN LOSS!!

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3.6 • 626 Ratings

🗓️ 5 August 2022

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

MicroStrategy founder and Bitcoin bull Michael Saylor is stepping down as CEO of the firm as the business software company reports incurring a $917.8 million BTC loss during the second quarter of the year. Saylor says that his new position as the company’s chairman will allow him to focus more on being an advocate for the king crypto (Bitcoin). “I have emerged as an important advocate and spokesperson for the Bitcoin community on a worldwide basis. This will allow me to take the role of executive chairman where I can be a more enthusiastic advocate for Bitcoin while Phong and Andrew manage the corporate operations, execute on the MicroStrategy ongoing business strategy.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:55.3	Y2K. That's Y2K spelled WHY2K. In today's show, the Bitcoin price reaches 23,400 on 4.6% gains
1:05.3	amid very mixed outlook. In today's show, I'll be breaking down the latest technical analysis,
1:09.9	quoting crypto analyst rec capital. Historically, Bitcoin has been able to generate tremendous
1:14.5	buy-side interest at the 200-week moving average. But if Bitcoin fails to retest the moving
1:19.1	average in the short term, that would probably serve as further evidence that this recovery
1:23.3	is merely one of relief. And quoting on-chain analyst Dylan Leclair with an interesting fine, the World Economic Forum is listed as one of the Celsius creditors.
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	...

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