#385: Michael Saylor On Buying Bitcoin With His Balance Sheet

The Bitcoin narrative of digital gold... It's not 10x better than gold; it's 100x. Maybe it's 1,000x better than gold.

There's no example of a successful company in the history of the world that wasn't a technology company.

There's never been a company as valuable as Apple because there's never been a company as valuable as Apple.

Everybody has had a lot of their assumptions shaken this year—assumptions about how the market will behave, assumptions about regulations, assumptions about international business, assumptions about their balance sheet. Things that were inconceivable last year... All those things are being considered this year to a much greater degree.

Two of my bragging rights are: I am pretty much the longest-lived public company CEO in my industry—because I've been a public company CEO for 22 years, and the second thing is I'm pretty sure I'm the only public company CEO who ever presided over a 99.8% drop in the stock price and kept his job.

When the COVID-19 crisis hit, everybody got sent home, and we all had to contemplate ideas that we had previously rejected, and we had to embrace ideas that were very foreign to us.