Peter Tuchman
๐ค SpeakerAppearances Over Time
Podcast Appearances
Exactly. Isn't that extraordinary? That came this morning. Yeah. Right. And then yesterday, he announced the prudent reserve of Bitcoin.
So we know like Apple's got hundreds of millions of dollars in cash. And a lot of public companies, obviously, how do they end up displaying earnings or whatever the word is, giving out earnings is by having cash on hand. Some hold cash. It was one of the problems back in the day that everyone was saying, why is Apple holding so much cash? Why don't they give some back to the shareholders?
So we know like Apple's got hundreds of millions of dollars in cash. And a lot of public companies, obviously, how do they end up displaying earnings or whatever the word is, giving out earnings is by having cash on hand. Some hold cash. It was one of the problems back in the day that everyone was saying, why is Apple holding so much cash? Why don't they give some back to the shareholders?
So we know like Apple's got hundreds of millions of dollars in cash. And a lot of public companies, obviously, how do they end up displaying earnings or whatever the word is, giving out earnings is by having cash on hand. Some hold cash. It was one of the problems back in the day that everyone was saying, why is Apple holding so much cash? Why don't they give some back to the shareholders?
Anyway, not what we're talking about today. So that's fascinating. So yes, MicroStrategy, Mike Saylor, Mike Saylor's company, obviously is one of the largest holders. I think all their holdings are in Bitcoin.
Anyway, not what we're talking about today. So that's fascinating. So yes, MicroStrategy, Mike Saylor, Mike Saylor's company, obviously is one of the largest holders. I think all their holdings are in Bitcoin.
Anyway, not what we're talking about today. So that's fascinating. So yes, MicroStrategy, Mike Saylor, Mike Saylor's company, obviously is one of the largest holders. I think all their holdings are in Bitcoin.
So if you are looking for exposure to the Bitcoin game and you don't have $100,000 to buy in a coin, there are other ETFs, I believe, Beto that trades here on the floor. Obviously, Mara is one. And obviously, MicroStrategy. It's expensive. It's trading for hundreds and 400 bucks, I think, at your share.
So if you are looking for exposure to the Bitcoin game and you don't have $100,000 to buy in a coin, there are other ETFs, I believe, Beto that trades here on the floor. Obviously, Mara is one. And obviously, MicroStrategy. It's expensive. It's trading for hundreds and 400 bucks, I think, at your share.
So if you are looking for exposure to the Bitcoin game and you don't have $100,000 to buy in a coin, there are other ETFs, I believe, Beto that trades here on the floor. Obviously, Mara is one. And obviously, MicroStrategy. It's expensive. It's trading for hundreds and 400 bucks, I think, at your share.
So that's exciting. Take heed of that, right? That's coming from the man who knows everything about derivative play. We've heard about that as respect to AI and the derivative plays that are respective to... Again, there was Nasdaq 20,000 ads, right? And the point is like... Let's think. When we started having this Einstein and Ives conversation, you said two things to me.
So that's exciting. Take heed of that, right? That's coming from the man who knows everything about derivative play. We've heard about that as respect to AI and the derivative plays that are respective to... Again, there was Nasdaq 20,000 ads, right? And the point is like... Let's think. When we started having this Einstein and Ives conversation, you said two things to me.
So that's exciting. Take heed of that, right? That's coming from the man who knows everything about derivative play. We've heard about that as respect to AI and the derivative plays that are respective to... Again, there was Nasdaq 20,000 ads, right? And the point is like... Let's think. When we started having this Einstein and Ives conversation, you said two things to me.
Get your 20,000 NASDAQ hats out and there's gonna be a six in front of the S&P by the end of the year. And you have been boom, shaka laka, right on that, both of them, amazing. He's not just another pretty face, forget about it.
Get your 20,000 NASDAQ hats out and there's gonna be a six in front of the S&P by the end of the year. And you have been boom, shaka laka, right on that, both of them, amazing. He's not just another pretty face, forget about it.
Get your 20,000 NASDAQ hats out and there's gonna be a six in front of the S&P by the end of the year. And you have been boom, shaka laka, right on that, both of them, amazing. He's not just another pretty face, forget about it.
Right, and didn't they just say they're putting ChatBGPT into the iPhone?
Right, and didn't they just say they're putting ChatBGPT into the iPhone?
Right, and didn't they just say they're putting ChatBGPT into the iPhone?
Right.