Microstrategy is hosting a series of online sessions built around Bitcoin Corporate Strategy, I believe they are calling this the Bitcoin Summit portion of the conference.
This is all happening today at the World 2021 Global Conference.
As I write this post executives from some of the top global corporate enterprises on the planet are tuned in listening to Michael J. Saylor, Phong Le, Ming Shao explain how their company purchased 1B in Bitcoin and it's now worth 2B+.
A review of ways in which corporations can integrate with the Bitcoin monetary network & the advantages of different strategies.
On deck for Wednesday, February 3rd.
Bitcoin Macro Strategy ✅
Bitcoin Corporate Strategy ✅
Bitcoin Corporate Playbook ✅
Bitcoin Legal Considerations ✅
Top S&P 500 corporations are literally being handed a BTC playbook! What they do with this info after the conference is anyone's guess, here's my guess.
The smart execs realize they're behind and aggressively pursue an entry strategy. I don't expect this to be a majority.
The remaining execs take the info, pass it along, and put some plans in motion to continue to look at feasibility and opportunity/risk analysis. It's on the radar at this point, and then there's a ripple effect that goes into play as this information spreads.
People talk! This information will certainly spread within networks, and then we'll get a wait and see period. Without being privy to info from these corps it's hard to say how many of them make a move this year, but I do think this puts everyone one step closer to a tipping point.
YouTube's Digital Asset News with an update from the inside😲
How Will The Markets Respond
I'll go way out on a limb and speculate that we continue to see positive sentiment, and with a little network effect in action additional interest from retail.
Not going to speculate on the amount of coins that could be vacuumed up by some of these corps, but it's a sizable chunk. Even if only a fraction of these orgs moved to adopt BTC, it would move the market.
However this is only 1 conference of many to come. More and more conferences, more and more companies moving away from fiat and into Bitcoin. Cash sucks, and every company on the planet is going to want to move away from it (Fiat). Every one of them!
If this goes the way many of us think it's going to go, it's going to be a perfect storm.
Every corporation and human on the planet is going to want some. At the same time DiFi is going to continue to remove liquidity away from exchanges as users stake to earn with their coins. Shortly after this I expect to see the flippening.
Fiat-Crypto Flippening
As presented by the fine folks at woobull.com.
Cause for Concern?
I believe that new investment into Bitcoin is a huge benefit in the long term, it's what we wan to see. After all, it was inevitable!
However, with a new pack of corps looking for entries I wouldn't be surprised if we are hit with a wave of FUD designed to cause a pullback, allowing big money to fill bags at a discount.
Spending 50k on a FUD press release is well worth the ROI when we are talking spending Billions on loading the BTC bags.
That Much Closer to the Tipping Point
It's a cumulative effect, all these efforts compound over time and moves the needle.
I think February is going to be a make or break month for the Bitcoin bull run, I'm totally bullish for the month but like I said if someone wants a discount, which they will, at some point they're going to lite some fires.
Ciao for now,
