The CEO of publicly traded MicroStrategy (MSTR) shares why he started to feel like he was “sitting on a 500-lb block of ice” and how he came to bitcoin as a solution.
MicroStrategy made waves when it announced in early August it was moving $500,000,000 in treasury reserves out of cash. At least $250 million were to be moved into bitcoin.
Earlier this week, the company announced its final bitcoin purchases totaled $425 million.
In this conversation with NLW, MicroStrategy CEO Michael Saylor explains: