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MicroStrategy's Bitcoin Strategy and Potential S&P 500 Inclusion
Exploring MicroStrategy's transformation into a Bitcoin-centric company, the chapter discusses their use of debt to purchase Bitcoin and issuing shares without dilution effect. It analyzes the potential implications of MicroStrategy being included in the S&P 500 and how it could impact the cryptocurrency market and index size. The conversation also delves into Michael Saylor's speculative approach towards fiat money through borrowing dollars to invest in Bitcoin, showcasing the leveraged nature of his investments.