Michael Saylor, together with his company, MicroStrategy, were the biggest highlights of the cryptocurrency market and a symbol of
institutional interest in Bitcoin in recent months.
The company is one of the first major institutions to openly support Bitcoin and buy hundreds of millions of dollars in digital assets between August and December last year.
Now, it will open corporate information related to the Bitcoin buying process, helping other entrepreneurs who are interested in doing the same and helping them save a lot of money in the process of discovering the acquisition of this new asset class.
For this, on February 3, Michael Saylor held a conference where he will teach participants how to include cryptography in his company's balance sheet.
He intends to open his Playbook, which are the operational, accounting and legal procedures to help participants understand how to do the same. The event will also be attended by Ross Stevens, founder and CEO of Stone Ridge and NYDIG.
It will be a manual to help companies and this can attract even more institutionals to the market, since thousands of executives, directors and advisors with a possible interest in discovering the process to insert Bitcoins in their companies' balance sheet will participate.
About MICROSTRATEGY
MicroStrategy is a technology company, founded in 1989, that develops business intelligence (BI) software, mobile software and cloud-based services. In August, MicroStrategy announced a $ 250 million BTC purchase (followed by another $ 175 million purchase) to make Bitcoin the company's main treasury reserve asset. In the months that followed, acquisitions only increased.
MicroStrategy has recognized Bitcoin as a legitimate investment asset, which may be in excess of money, and therefore has made Bitcoin the primary stake in its cash reserve strategy.
Altogether, Microstrategy currently has 70,784 thousand Bitcoins, with an approximate value of US $ 2,103,438.579 million.
Michael Saylor is one of MicroStrategy's founders and current CEO.
Among the many emblematic phrases in support of Bitcoin, one stands out:
Bitcoin is a swarm of cybernetic wasps serving the goddess of wisdom, feeding on the fire of truth, growing exponentially smarter, faster and stronger behind a wall of encrypted energy.
MACRO BITCOIN STRATEGY (EVENT SCHEDULE)
WEDNESDAY, FEBRUARY 3 | 12h00-12h45
Bitcoin as a treasury reserve asset, a safe haven.
Bitcoin is the solution to the value storage problem faced by all companies and their customers.
In this session, we will discuss:
- Bitcoin as the emerging dominant monetary network.
- The pros and cons of other assets such as a cash reserve.
- The macroeconomic outlook for the next four years.
- The history of Bitcoin and the structure of the cryptocurrency industry.
- Critical developments this year and prospects for the next year.
Could this type of events among the big players become more frequent and cause them to join Bitcoin?
We will have to see what will happen from now on.