The Highs and Lows of Being a Bitcoin Maximalist

Crypto's biggest and biggest figures have suffered staggering losses in this current downmarket. Multiple crypto companies have filed for bankruptcy, and multiple high-flying crypto CEOs have found themselves out of a job. Case in point: Michael Saylor, co-founder and former CEO of a software services company called MicroStrategy But the software isn't what made the company a household name among Bitcoin believers.

Bitcoin has really made microstrategy headlines in 2020. For a while, as the price of Bitcoin soared, the $250 million dollar bet looked like a genius move. But as prices fell, MicroStrategy found itself facing significant losses. What does this loss mean for the future of MicroStrategy and for Michael Saylor? To learn more, join Bloomberg Senior Editor Dave Liedtka and Bloomberg Accounting Expert Tom Contiliano in this episode to discuss what happened at MicroStrategy.