Jack Dorsey and Michael Saylor to Discuss Bitcoin for Corporations Today -Breaking
The annual For Corporations event will take place today. It will examine the many benefits of using Bitcoin to support various corporate initiatives, strategy planning and enterprise treasuries. Michael Saylor (Bitcoin maximalist, MicroStrategy CEO) sponsors the annual event. Saylor is a strong supporter of crypto and has the highest stake of any commercial company on the planet.
MicroStrategy, in regulatory filings to the U.S Securities and Exchange Commission, announced it purchased 1,434 Bitcoin for $57.477, with an overall price of $82.4 Million.
In a follow-up tweet to his 1.9 million followers, Saylor stated that the company’s total holdings of Bitcoin exceeded 122,478 coins. That is more than three times the number of Bitcoin held by the next closest corporate investor – Tesla (NASDAQ:) – which reportedly has 38,300 Bitcoin on its balance sheet.
“We have gained a wealth of experience and expertise innovating our treasury strategy and evolving our corporate bitcoin acquisition strategy,” said Saylor in the company’s announcement of the event. “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.”
According to the announcement by the company, how companies choose to use Bitcoin and analytics in 2022 is going to determine their future success over many decades. Virtual event participants will learn more about the key components of forward-thinking and profitable bitcoin strategies.
At 12 noon ET, Tuesday, February 1, 2022, Bitcoin for Corporations will feature a detailed discussion about Bitcoin by Jack Dorsey, CEO Block, Inc., with Michael Saylor, CEO MicroStrategy Inc. Register here to register for the free event.
You can also join the crypto-verse
Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.
It takes just 1 click to unsubscribe.
Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.