BTC005: Bitcoin & Michael Saylor - A Masterclass in Economic Calculation (Bitcoin Podcast)
The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network
Stig Brodersen
4.6 • 3.6K Ratings
🗓️ 23 December 2020
⏱️ 155 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're listening to TIP. |
| 0:03.0 | Hey, everyone. |
| 0:04.0 | Welcome to our Wednesday release of the investor's podcast where we're talking about Bitcoin. |
| 0:08.0 | Today's guest is billionaire Michael Sailor. |
| 0:11.0 | Michael is the founder and CEO of MicroStrategy, a business intelligence, |
| 0:15.0 | mobile software and cloud-based service company. |
| 0:18.0 | After graduating from MIT in 1987, Michael started the company and still holds a controlling share of the business. |
| 0:24.0 | Michael made huge headlines in the past quarter when he decided the purchase $475 million worth of Bitcoin on the balance sheet of his company. |
| 0:32.0 | Within only six weeks later, the value of the purchase had nearly doubled. |
| 0:36.0 | Now, in the fourth quarter of 2020, Michael went out and issued $650 million worth of convertible notes. |
| 0:42.0 | The reason why, you guessed it, to buy more Bitcoin. |
| 0:45.0 | I've had a lot of conversations through the years with some really gifted investors, |
| 0:49.0 | but being able to tap in the Michael's thought process on what's happening right now is one of the most interesting conversations I've ever had. |
| 0:56.0 | And for that reason, I'm calling this episode a masterclass in economic calculation with Michael Sailor. |
| 1:02.0 | I hope you enjoy. |
| 1:03.0 | You're listening to Bitcoin Fundamentals by the Investors Podcast Network. |
| 1:11.0 | Now for your host, Preston Pish. |
| 1:14.0 | All right, I'm here with the one and only Michael Sailor. Michael, welcome to the show. |
| 1:27.0 | Thanks for asking. |
| 1:29.0 | Hey, so when I'm listening to some of your other interviews, |
| 1:33.0 | and the one thing that really sticks out to me that I think is such an important conversation for people to really understand is |
| 1:43.0 | some of your comments around inflation, risk premiums, the impact that this has as you think about it from a business owner, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Stig Brodersen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Stig Brodersen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.