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While dozens of public companies currently put bitcoins on their balance sheet, a world where thousands – yes, yes, yes, Thousands – More follow -up suits are unavoidable. At least according to panelists at Bittwais Bitcoin Standard Corporation Investor Day.
“Wearing an orange tie for all … It is good to be in the team with you,” the strategy founder Michael Sayler told the crowd of Thursday.
He then wanted the Pear 59 window shades to be reduced to prevent their powerpoint presentation. As the bitcoin gods heard him, they started coming down after a moment.
This was the specific spell of Saylor, which you must have heard earlier: most asset classes do not defeat monetary inflation. Bitcoin allows a Uber driver to improve the smartest money managers in NYC in Nigeria. It is a better version of gold that he expects to hit a coin by 2045. Miss you more.
The strategy owns 538,200 BTC. (Here, in short, how they plan to buy.)
“I would not ask it to roast it, because the truth is that the way we did it was very brain,” Saler said. “Whatever all these companies have done is extremely complex – we can’t make Nvidia chips or make iPhones. Everyone of you can copy me.”
But are they?
Bitwaiz, in a Q1 report, placed a number of public companies holding BTC on 79.
Crackon CFO Stephanie Lemarman probably made the most interesting prediction. She expects about 20% of BTC out of about 55,000 public companies a few years later.
he is Very Companies. Like 11,000.
Nebulace can pursue prices by offering additional endorsments to the companies that you hear a lot, a major piece of story you hear a lot.
Seveler Scientific Chair Eric Seemler mentioned how medical tech providers – sitting on a lot of cash – were facing challenges within their main business. The company earlier bought BTC last year and now owns 3,303 BTC.
While it took the old second months to approve the first AT-the-Market (ATM) of Seleler, so that it could help buy more bitcoins, Seemler said, the new-look agency quickly greenlight latest,
He said that there are probably “thousands” what the executive said to the “zombie” companies in a similar situation, which would benefit from the BTC Treasury strategy, he said.
Then there are people who are looking to grow up. Twenty One Capital – A new entity supported by Tether and SoftBank that is combining with canter equity partners – is to launch with about 42,000 BTCs. It will only be behind the strategy and bitcoin minor marathon digital.
“On a lot of small scale … bitcoin treasury companies, whose role is to play,” said Robert Harrington of Cantor Fitzgerald. “But I think it demands market scale.”
Once one of the magnificent 7 companies start buying BTC, many will follow more, panelists noted throughout the day. You will remember that Microsoft shareholders rejected the respective proposal in December.
We know, of course, that bitcoin is unstable. A viewer member asked if the price of BTC decreases with the price on which a company has acquired it.
Establishment of “board alignment” that it is a long -term drama, is important, Guna General Council Haley Lennon said. He said: “The goal is not to sell until the basic principles of bitcoin change.”
Lemerman also mentioned: “It is not necessary where you came, but where you (BTC) expect and what you are forecasting.”
Fundstrat Capital CIO Tom Lee argued that “bitcoin) is much higher than buying a speculative property that can appreciate the Treasury Story”. This is a new accounting standard – “The idea that you don’t just have cash holding in US dollars.”
Keep another way, Peter Doyle, co-founder of the Kinetics Mutual Fund, said that the BTC is an off-ramp for “Financial White-e-Mol” as governments continue to print money. So he said that all companies will eventually adopt bitcoin.
Saylor “woke up” in 2020 when he realized what was happening for their cash and their business, Dial said.
He said, “They don’t think so yet.” “But they are going to feel like this.”
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