In this episode of the Valuetainment podcast, Speaker 1 interviews Michael Saylor, the head of MicroStrategy, about Bitcoin and MicroStrategy's investment strategy. Saylor discusses MicroStrategy's recent purchase of $4.6 billion in Bitcoin, bringing their total holdings to over 331,000 bitcoins. He explains why investors might choose to invest in MicroStrategy rather than directly in Bitcoin, citing the company's ability to borrow money at low interest rates and the restrictions some investors face in directly purchasing Bitcoin. Saylor shares his long-term vision for Bitcoin, predicting it will grow to become a significant portion of the world's money supply and reach a price of $13 million per coin in 21 years. The conversation touches on MicroStrategy's financial strategies, the volatility of its stock, and Saylor's views on the future of digital assets and the regulatory landscape. The discussion also explores Saylor's perspective on Satoshi Nakamoto, the anonymous creator of Bitcoin, and the challenges facing the crypto industry due to regulatory uncertainty.
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