Will MicroStrategy's Saylor Buy More Bitcoin?

The transcript covers MicroStrategy's business performance, highlighting growth in cloud subscriptions and free cash flow. It addresses challenges like wage inflation and international currency devaluation. The discussion shifts to investment strategies, particularly in Bitcoin, emphasizing the benefits of MicroStrategy over ETFs. Insights from the MicroStrategy conference include Jack Dorsey's views on Bitcoin's potential for financial inclusion. The transcript concludes with a critique of Meta's approach to cryptocurrency, emphasizing the ethical advantages of decentralized networks like Bitcoin.

What was the percentage increase in MicroStrategy's cloud subscriptions business in 2021?

• 59%

• 49%

• 39%

• 29%

Why might investors choose MicroStrategy over a Bitcoin ETF?

• Bitcoin ETFs have lower risk

• Bitcoin ETFs provide better yield

• MicroStrategy offers leveraged Bitcoin exposure

• MicroStrategy charges higher fees

How did MicroStrategy fund its recent Bitcoin purchase?

• By selling existing Bitcoin

• By issuing new debt

• By issuing new equity

• Through free cash flow

What is one potential financing option MicroStrategy is considering for future Bitcoin purchases?

• Selling cloud subscriptions

• Borrowing against unpledged Bitcoin

• Reducing operational costs

• Issuing more equity

What does Jack Dorsey believe Bitcoin can provide to billions of people?

• Higher transaction fees

• Financial inclusion

• Limited access

• Centralized control

What is a key advantage of Bitcoin according to the final section?

• It has high transaction costs

• It is a common property with no central control

• It is only available in certain countries

• It is controlled by a single company

What was Jack Dorsey's critique of Facebook's cryptocurrency efforts?

• They were too decentralized

• They lacked ethical considerations

• They were too successful

• They focused too much on Bitcoin