The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

MicroStrategy CEO Reveals Why His Company Converted $425,000,000 Into Bitcoin

by Daily Hodl Staff
September 18, 2020
in Bitcoin

Micheal Saylor, the man behind one of the biggest independent publicly traded business intelligence companies in the world, explains in an interview with Anthony Pompliano why his company just took a massive position in Bitcoin.

Referencing the counterintuitive rise in bonds and equities, Saylor tells Anthony Pompliano that there’s a problem with holding onto cash long term as an investment strategy.

“First I have a mega, mega, mega problem. And the mega problem is that I have a lot of cash and I’m watching it melt away, and I’m helped to realize that I have this mega problem by this insane “V” recovery in the bond market, and the equity market, and all of the talking heads.”

Saylor compares the crypto markets of today with the blue chips of a decade ago.

“What I want is something that might be cut in half, that can go up by a factor of 10. By the way, that’s what any intelligent investor wants. That’s what you wanted when you bought Amazon in 2011, that’s what you were getting when you bought Apple when the iPhone came out. That’s what every rational winner’s getting; You want a 10x upside.”

He also reveals what he believes to be the winning investment formula of the past 10-15 years.

“The winning formula for the past 10 or 15 years is: find a digital dominant network that has dematerialized some fundamental thing. The mobile network is Apple. The information network is Google. The video network is YouTube. The social network is Facebook. Even Twitter is the speech network dematerialized, Amazon is the retail network. You buy them when they’re $100 billion in market cap. When they’re 10x bigger than the next biggest thing and they’re a $100 billion, they’re probably going to crush everything.”

Saylor says that despite the large number of cryptocurrencies, Bitcoin is still the king. He compares Bitcoin’s dominance to when a young CEO puts a sales person in each state of the US and then realizes that most of the money is in New York.

“In this entire crypto area, it’s great to have all the innovation and it’s good to experiment with DeFi….The only thing we’re going to do is maintain a constant store of value as digital gold and we’re going to expend a huge amount of energy to protect that network and upgrade that network.”.

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock[artist’s name]

Submit a Press Release

Industry Announcements

  • VeraNet Launches Decentralized AI Ecosystem with Community-Controlled Tools and Services
    July 30, 2025
  • Pepescape Crypto Presale Raises $1M as Ethereum Eyes $6K, Community-Owned Exchange Gigacex Unveiled
    July 30, 2025
  • STON.fi Dev Raises $9.5M Series A to Scale DeFi on TON
    July 30, 2025
  • Naoris Protocol Announces Upcoming Token Generation Event for NAORIS
    July 29, 2025
  • Queens Park Rangers and TokenFi Announces New Partnership
    July 29, 2025
  • Shinkai Launches Version 1.0 – On-Chain AI Agents Go Live With USDC and Coinbase x402
    July 29, 2025
  • DeepSnitch Introduces Five Specialized AI Agents As Token Presale Goes Live
    July 29, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$117,806.56
$117,806.56
0.33%
Ethereum
$3,776.86
$3,776.86
0.95%
BNB
$786.02
$786.02
3.41%
Solana
$178.27
$178.27
1.69%
XRP
$3.08
$3.08
0.91%

Spotlight

  • Bank of America Customer Has $219,000 Stolen From Account by Woman Allegedly Using Fictitious Identities: Report
    July 23, 2025
  • Analyst Predicts Rallies for XRP, ADA, DOGE and Two Additional Altcoins Amid $74,500,000,000 Capital Inflows Into Crypto
    July 23, 2025
  • JPMorgan Chase Considering Allowing Clients To Borrow Against Their Crypto Assets: Report
    July 23, 2025
  • Here’s Why ETH Lagged Behind for Years, According to Ethereum Co-Founder Joseph Lubin
    July 23, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl