How To Add Bitcoin To The Balance Sheet For Corporations, With Saylor & Dorsey

Do you have a company that is ready to invest in Bitcoin? Saylor and Dorsey offer the complete 411 free.99. On February 1, the MicroStrategy World conference will go live. Learn directly from these two titans of the industry, who have definitely been among Bitcoin’s main proponents and promoters over the last few years. 

Michael Saylor is an example of leadership, purchasing every dip and being a regular presence in mainstream media. His interviews feel more like class and get a lot of attention. Jack Dorsey for his part has switched to Bitcoin and left Twitter. Since then, his Block company announced several projects that’ll definitely strengthen the Bitcoin network from every angle.

The MicroStrategy World conference. The press release promises it’ll be “focused on Enterprise Analytics and Bitcoin for Corporations. World 2022 is 100% virtual, and—for the first time ever—access to all sections of the conference is free of charge.” That’s an unbeatable price.

What will Saylor and Dorsey talk about?

The conference has two sides, two different events that showcase MicroStrategy’s duality:

“The Enterprise Analytics event will introduce bold new ways to think about analytics and business intelligence, and showcase organizations who’ve used data as a strategic differentiator. The Bitcoin for Corporations event will explore the various benefits of incorporating Bitcoin into corporate initiatives.”

NewsBTC, as you would expect, will be focusing on The second event. It’s important to say that both Dorsey and Saylor’s companies have Bitcoin on their balance sheet. Both of them have put their money where it matters most. MicroStrategy World promises what?

“An in-depth discussion on Bitcoin between two visionary voices: Jack Dorsey, CEO of Block, Inc., and Michael Saylor, CEO of MicroStrategy Inc. Following this session, a conversation on Bitcoin Treasury will take place with Phong Le (President & CFO of MicroStrategy). Bitcoin for Corporations will also feature live interviews with industry experts from Coinbase, Deloitte, Fidelity Digital Assets, Genesis, Jefferies, NYDIG, Paxos, and Silvergate Bank.”

It’s noteworthy that Fidelity Digital Assets has shocked the whole world.By predicting that more countries will adopt Bitcoin in the future, we can also predict that a Central Bank (or two) would be adding Bitcoin to its balance sheet. Christine Sandler, Fidelity’s Head of Sales & Marketing, will represent the company at the conference. 

Saylor ’s Recent Bitcoin History

MicroStrategy has been increasing the amount of Bitcoin every month since August 2020 when it added Bitcoin to their balance sheet. They issued common stock. These are the best. Stocks sold. These are the best. PurchaseAnd PurchaseAnd PurchaseAnd Purchase. Saylor explained this strategy in a recent interview. NewsBTC reported:

“Look, our long term strategy is kind of like Harvard University. We’re running a university but we have an endowment. MicroStrategy sells enterprise software. We generate $100 million in cash flow a year – in a good year – and we are reinvesting that cash in our endowment. Our endowment is 100% bitcoin.”

Saylor says that MicroStrategy will acquire bitcoin to balance its books. As for the operations, the company will continue to sell its enterprise software everywhere in the world.”

Related to this, about MicroStrategy’s free conference, Saylor said:

“We have gained a wealth of experience and expertise innovating our treasury strategy and evolving our corporate bitcoin acquisition strategy. And we’re pleased to be in a position to share our knowledge—via this curated event—for corporations looking to pursue similar strategies and bold initiatives.”

Dorsey’s Recent Bitcoin History

For his part, Dorsey’s strategy is much different than Saylor’s. He’s working in infrastructure. He’s fortifying the network’s weak parts. Among other things, Block announced they’re building A decentralized Bitcoin exchange, tbDEX. Publication: Lightning Development Kit. And announced they’re Work in an ASIC mining open-source company

Personally, Dorsey is close to Jay-Z. In order to encourage Bitcoin development, we are offering 500 BTC as a blind trustIndia and Africa. and created the Bitcoin Defense Legal Fund protects developersAll types of lawsuits.

BTCUSD price chart for 01/21/2022 - TradingView

BTC price chart 01/21/2022 Gemini | Source: BTC/USD on TradingView.com

Bitcoin Price

Despite Saylor’s and Dorsey’s efforts, Bitcoin is bleeding. On one hand, Proof-Of-Stake proponents straight up lied before U.S. Congress in a hearing about Proof-Of-Work’s environmental risks. On the other, there’s a rumor that Russia is considering banning Bitcoin in some capacity. Both of those situations caused panic in the market, and Bitcoin’s price is currently 40% lower than the ATH of $69K. 

Michael Saylor is willing to buy the dip. 

Featured Image: Screenshot from the conference website. Charts by TradingView| Charts by TradingView

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