After I got my MBA from Harvard, I bought an HVAC company with a personal guarantee.
They were doing $55M in sales and $7M in profit.
I hired a NY agency to rebuild the website.
I mandated the whole company use Notion.
I gave everyone a 25% raise.
I taught the team about mental models.
I encouraged all employees to listen to the All In podcast.
I hired a Chief of Staff.
I installed a cold plunge and a sauna in the break room.
And guess what?
We lost $12M last year.
Bitcoin volatility will decrease, public confidence will increase, and institutional and retail adoption of #Bitcoin and #Lightning⚡️ will accelerate as regulatory clarity comes to the digital asset space.
https://t.co/fzWsG8rFJm
My interview with @emilychangtv on @BloombergTV tonight covered $MSTR tripling down on #Bitcoin as well as my thoughts on regulation, the significance of El Salvador, and the role of Bitcoin as an institutional grade digital asset.
#Gold is down 10.5% in the same year #Bitcoin is up 332%. Gold has returned 0% per year in the same decade Bitcoin has returned 146% annually. Why do we still debate which is the superior store of value?
MicroStrategy Performance
May 12, 2021
Since the start of their #Bitcoin treasury program:
$BTC +331%
$MSTR +302%
$NASDAQ +19.5%
MSTR still up 100% on their treasury after the "Tesla" dip.
MicroStrategy has purchased an additional 229 bitcoins for $10.0 million in cash at an average price of ~$43,663 per #bitcoin. As of 5/18/2021, we #hodl ~92,079 bitcoins acquired for ~$2.251 billion at an average price of ~24,450 per bitcoin. $MSTR
https://t.co/fU6LN4WbKI