MicroStrategy's Michael Saylor - PBD Podcast #508 🪙📈⬆

Today, 11/25/2024, Michael Saylor's MicroStrategy bought another $5.4 Billion worth of Bitcoin, this is right after the $4.6 Billion purchase Saylor mentions at the start of this interview from 6 days ago. MicroStrategy has outperformed every company on the S&P 500, including MicroSoft, despite being a tiny fraction of their size. This has placed the small MicroStrategy company on the list of the 100 most valuable companies on earth, all due to what is being called the "Infinite Money Glitch", where company profits are used to buy Bitcoin, that rises steadily in price, allowing the company to issue more stock, the profits from the stock sales are used to buy more Bitcoin, and the cycle repeats, indefinitely. Within the next 10 years, Michael Saylor will likely become the first Trillionaire. All thanks to being forward thinking when it comes to his understanding of Bitcoin.

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