People were talking about Bitcoin going to $13,000, then it stabilized at $20,000 or maybe it hit bottom at $17,000.Bitcoin is about supply and demand, and Saylor is trying to create the demand and validate that demand and that need, to drive the utility value of Bitcoin.Slayor said, my mandate is twofold. One to see the software business grow. And then secondly, to work on the Bitcoin asset. I’m not going to deviate from my mandate.Evan Harp speaks with Dan Weiskopf, Portfolio Manager at Toroso Investments and CO-PM of the Amplify Transformational Data Sharing ETF (BLOK) to discuss Michael Saylor stepping down as CEO of MicroStrategy (MSTR) and what it means for the company and the broader crypto space.Evan Harp: At a high level, what does Michael Saylor’s exit mean for MicroStrategy, and what can expect under Phong Le’s stewardship?Dan Weiskopf: Well, take a step back. Saylor didn’t exit a MicroStrategy, right? He’s just changing title. It’s not like he sold his 2 million shares,He’s been the CEO – And I’m not trying to get too nitty gritty, but he’s still the largest shareholder by far with control and class shares. I would argue that he’s taking the step back to free up time more than anything else.I sat down with him back in January and he’s pretty open about it, about – not that he was going to step down, but he was open that he really needed to make a critical decision years ago because he was building up his cash. That...
