Have a question? Want to advertise? Something else? Contact us: [email protected]

From the Front Page


Categories: What Bitcoin Did

WBD286 - MicroStrategy’s Bitcoin Moonshot with Andy Edstrom

Published on February 3rd, 2021 by BTCMedia

Click to download audio version

<iframe style="border: none" src="//html5-player.libsyn.com/embed/episode/id/17154383/height/360/theme/legacy/thumbnail/yes/direction/backward/"; height="360" width="100%" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen>

When MicroStrategy acquired $425 million of Bitcoin earlier this year, it sent a clear message to corporations everywhere, that Bitcoin is a valuable asset and can be a vital part of a company's treasury.

With an asset as volatile as Bitcoin, this move wasn't without its risks, however, just a few months after piling into Bitcoin, that $425 million is now worth around $750 million.

Now just a few months after first buying Bitcoin, company CEO, Micael Saylor is not happy with the company's 40,824 Bitcoin and now has plans to raise another $550 million to buy more.

In this interview, I talk to Andy Edstrom, the Head of Institutional Investment at Swan Bitcoin. We discuss MicroStrategy's Bitcoin moonshot, ETFs, mass awareness & adoption and the race for corporations to own Bitcoin.

Views: 903


Comments

Make sure to make use of the "downvote" button for any spammy posts, and the "upvote" feature for interesting conversation. Be excellent.

comments powered by Disqus