Famed Investor Bill Miller Explains Buying MicroStrategy Debt: It’s the Bitcoin

Famed Investor Bill Miller Explains Buying MicroStrategy Debt: It’s the Bitcoin

Taking part in MicroStrategy’s recent $650 million convertible senior note offering was basically getting an almost-free call option on bitcoin, Bill Miller IV, the son of legendary investor, said.

CORRECTION (Jan. 24, 20:41 UTC): Corrects to note that it was the younger Miller who spoke on behalf of the fund, not his father, the legendary investor who co-runs the fund.