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#161 with Michael Saylor - Why Michael Saylor Believes Bitcoin is Hope
My First Million
Is Bit Coin Microstrategy a Micro Strategy?
In march of 20 20 is when the cost o capital goes to 25 %, that means that every investor and all investment income ever, every investor, generated 25 % more doing nothing. Every main street company that worked 25 % harder got nothing. If you don't own assets, it's impossible to have a good year. So we offered to buy back 250 million dollars worth of the stock in this dutch auction. And if you disagree with the decision to buy bick coin, you can sell the stock back at a profit. We're not buying or selling bick coin to equalize assets under management. We're an operating company that owns property. Bick coin is property. In
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