Bloomberg Talks MicroStrategy's Michael Saylor on Incoming Administration, Raising Capital
5 snips
Dec 18, 2024 Michael Saylor, Chairman & Co-Founder of MicroStrategy, renowned for pioneering Bitcoin investments, shares his insights on the evolving landscape of digital assets. He discusses the potential for a Crypto Advisory Council under the new administration and reveals ambitious plans to raise $42 billion in capital. Saylor elaborates on MicroStrategy's transformation from a software company to a Bitcoin treasury, emphasizing innovative capital-raising strategies and the crucial role of regulatory frameworks in shaping the future of Bitcoin for corporations.
AI Snips
Chapters
Transcript
Episode notes
Saylor's Political Engagement
- Michael Saylor has engaged with the incoming administration but remains discreet about specifics.
- He's open to serving on a potential crypto advisory council.
MicroStrategy's Capital Raising Strategy
- MicroStrategy's capital raising has accelerated due to market enthusiasm and political shifts after November 5th.
- They plan to continue raising capital, primarily through fixed income markets.
MicroStrategy's Market Approach
- MicroStrategy has been utilizing the equity market due to recent enthusiasm, but expects a shift towards fixed income.
- They aim to increase leverage strategically for shareholder benefit.