Michael Saylor Will Host Digital Conference For All Interested In BTC

Michael Saylor will host a digital conference soon where he will allow executives from Corporate America to learn more about the number one cryptocurrency and how they can invest or use it in their businesses so let’s read more in today’s BTC news.

Bitcoin became quite the phenomenon on Wall Street and as well as in the corporate world over the past few months. It started a while ago when Microstrategy purchased BTC with money from the treasury of the company showing the world that BTC is a long-term investment and also a store of value. Square followed right after and a series of smaller companies as well as Wall Street funds started looking at BTC and taking a closer look at what is happening in the crypto space. Compared to before, there are a few million in the crypto space which was siphoned by institutional players. And this is not over yet as Michael Saylor thinks.

Wow.@michael_saylor total #bitcoin animal on CNBC just now…

…saying he is hosting in early Feb a bitcoin conference for corporate leaders to explain the #btc value proposition. Also will make publicly available his company execution playbook.

1000s of people to attend!!!

— Dan Tapiero (@DTAPCAP) January 22, 2021

Michael Saylor spoke with CNBC and discussed his views on the crypto-asset market. In that interview we learned that Michael Saylor will host a digital conference that will allow executives from Corporate America to learn more about BTC and how to implement it into their business:

 “We’re going to have thousands of executives, officers…directors, & advisors of corporations coming together in the first week of February. They all want to figure out how to plug #bitcoin into their balance sheet or their P&L…We’re going to open source it.”

What’s interesting is that Saylor expects “thousands” of people to come together and discuss the crypto phenomenon. His company will be open-sourcing the playbook and the internal documents about the exposure to BTC and to try and get Corporate America to get a better understanding of the ideas to deal with regulatory trends, volatility, and other issues that could arise from investing cash into BTC. Analysts expect these corporate inflows to arrive eventually and drive the market higher. JPMorgan strategists stated that there could be a $600 billion influx of demand for  BTC if the world’s pension funds and insurance companies allocate one percent of the assets to BTC:

 “If pension funds and insurance companies in the U.S., euro area, U.K. and Japan allocate 1% of assets to Bitcoin, that would result in additional Bitcoin demand of $600 billion, the strategists said.”