Home » Michael Saylor Wants To 1400 Corporates To Adopt Bitcoin

Michael Saylor Wants To 1400 Corporates To Adopt Bitcoin

by Brian Armstrong
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MicroStrategy CEO Michael Saylor has become the most vouch-able poster boy of Bitcoin and cryptocurrency. He has continually encouraged other corporations and investment firms to adopt Bitcoin on various occasions.

As announced earlier, MicroStrategy is hosting “Bitcoin for Corporations” virtual event.

Michael Saylor Conducts “Bitcoin for Corporations “ Event

Bitcoin popularity has spiralled towards its acme in recent times with the influx of massive institutional investment and widespread adoption. MicroStrategy has been a front runner in Bitcoin adoption when it actively bought a gigantic number of BTC throughout 2020. Setting an example by Buying Bitcoin as its treasury reserve asset, the business intelligence firm has also paved a path for other technology firms to go the Bitcoin way.

Michael Saylor, the firm’s CEO, has equivocally talked about the benefits of Bitcoin as the company invested a large part of its cash reserves into Bitcoin. The two day Bitcoin summit 2021 intends to help more than 1400 corporations to understand how the firm adopted Bitcoin. The virtual event would also allow the participants to access the corporate playbook that includes a various vital documents.

The two day Bitcoin for Corporations event would include enlightening talks from the MicroStrategy CEO Michael Saylor along with stalwarts of the Bitcoin industry. The Bitcoin behemoths and observers would share the various aspects of Bitcoin investment and how the cryptocurrency is emerging as a new treasury reserve asset.

The discussion is available as “on-demand playback’ for several crucial subjects like Bitcoin Macro Strategy, which reviews the cryptocurrency’s viability and capability as a treasury reserve asset. Bitcoin Corporate Strategy talks about how the various corporations can implement Bitcoin in their balance sheets and details on the monetary aspects of it. The Bitcoin Corporate Playbook is a complete guide to the various operational and strategic aspects which the corporations need to take care of while adopting Bitcoin. An important section is “Bitcoin Legal Considerations” covers the compliance and regulations which are highly important for Bitcoin adoption. “Bitcoin Finance Considerations” gives an overview to the participants regarding how Bitcoin adoption can change their accounting, record keeping and tax filing.

The users get access to ” Corporate Playbook, an array of documents covering governance, legal, financial, technical & accounting considerations.

Disclaimer

The information discussed by The Coin Magazine is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Do your due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright The Coin Magazine All rights reserved.

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