Michael Saylor

But Bitcoin is like the financial fuel. These things are crypto reactors. It's a technically better way to do this. And it's the volatility that's actually the motor that's driving the portfolio or the treasury forward.

But Bitcoin is like the financial fuel. These things are crypto reactors. It's a technically better way to do this. And it's the volatility that's actually the motor that's driving the portfolio or the treasury forward.

But Bitcoin is like the financial fuel. These things are crypto reactors. It's a technically better way to do this. And it's the volatility that's actually the motor that's driving the portfolio or the treasury forward.

All right, folks, so I got a question for you. I got a question for you. What's the biggest purchase you made today? I'm curious. What did you buy today? What did you buy? Maybe you went to lunch. You bought something at Chipotle. Maybe you bought a car today, right? Maybe you bought a house today. My guest today bought $4.6 billion of Bitcoin today.

All right, folks, so I got a question for you. I got a question for you. What's the biggest purchase you made today? I'm curious. What did you buy today? What did you buy? Maybe you went to lunch. You bought something at Chipotle. Maybe you bought a car today, right? Maybe you bought a house today. My guest today bought $4.6 billion of Bitcoin today.

Okay, and that's Michael Saylor with MicroStrategy. Now, here's a kicker before we get into it. We've had him on, I think this is the fourth time, Michael, you've been on. Let's go to the first time we had him on, Rob, with the picture of how many signatures was on the wall. We barely had any signatures on the wall, right? This is Michael coming on the first time. We're talking about Bitcoin.

Okay, and that's Michael Saylor with MicroStrategy. Now, here's a kicker before we get into it. We've had him on, I think this is the fourth time, Michael, you've been on. Let's go to the first time we had him on, Rob, with the picture of how many signatures was on the wall. We barely had any signatures on the wall, right? This is Michael coming on the first time. We're talking about Bitcoin.

Every time he leaves, you know, everybody here would buy Bitcoin or two. It's like, man, I got to buy something here. First time on, you came, was March 1st of 2022. At the time, the valuation of MicroStrategy stock was $41 a share. Then you came back December 5th of 2022. That's nine months later. The stock value dropped 50% from $41 to 2069. Then you came back on May 9th of 2023.

Every time he leaves, you know, everybody here would buy Bitcoin or two. It's like, man, I got to buy something here. First time on, you came, was March 1st of 2022. At the time, the valuation of MicroStrategy stock was $41 a share. Then you came back December 5th of 2022. That's nine months later. The stock value dropped 50% from $41 to 2069. Then you came back on May 9th of 2023.

The stock went up a little bit to $28. The stock today is valued at, if you can pull it up, Rob, $370, give or take, as of right now. And I think the last time net worth was around a billion dollars or so. Today net worth, just in these last months I talked about, folks, went from that billion, billion and a half to roughly $9 billion. Michael, it's great to have you back on the podcast.

The stock went up a little bit to $28. The stock today is valued at, if you can pull it up, Rob, $370, give or take, as of right now. And I think the last time net worth was around a billion dollars or so. Today net worth, just in these last months I talked about, folks, went from that billion, billion and a half to roughly $9 billion. Michael, it's great to have you back on the podcast.

Thanks for having me.

Thanks for having me.

I'm counting your money. I hope you don't mind it. I'm counting the money that I got here.

I'm counting your money. I hope you don't mind it. I'm counting the money that I got here.

I like the trend. If I just keep coming back, the stock will keep going up.

I like the trend. If I just keep coming back, the stock will keep going up.

I like it. I like it. I like it. So right off the bat, today, Bitcoin's $90,000, $91,000. Did you already have it planned that you're going to make the investment today? Was the purchase already scheduled? Was it a pre-scheduled thing? Or was it, no, the market doesn't know. Let's make the announcement. We're buying this.

I like it. I like it. I like it. So right off the bat, today, Bitcoin's $90,000, $91,000. Did you already have it planned that you're going to make the investment today? Was the purchase already scheduled? Was it a pre-scheduled thing? Or was it, no, the market doesn't know. Let's make the announcement. We're buying this.

You know, on October 30th, we announced our 21-21 plan. So $21 billion worth of equity we're going to raise and $21 billion we're going to raise in fixed income securities. And we filed this shelf registration to sell the $21 billion in equity in at the market offerings. So then the next week, we had the election, a lot of activity, the red sweep.