By changing a corporation's treasury policy, value can be added immensely. Michael Saylor, CEO of MicroStrategy discusses this while also talking about how his company invested $250 million worth of Bitcoin.
The CEO of MicroStrategy talks about the company's dual strategy of selling business intelligence software and acquiring and holding Bitcoin, emphasizing the importance of not letting setbacks crush one's spirit or stop innovation and growth.
MicroStrategy, a publicly traded company, purchased $250 million worth of Bitcoin and then did a convertible debt offering for $650 million of debt at 75 basis points. They also did a $1 billion debt offering.
Bitcoin is a rapidly growing asset class and is the greatest treasury reserve asset of our lifetime. For corporations with capital or cash flow, investing in Bitcoin can double or improve the value of the company and convert a liability to an asset.