Michael Saylor is addressing the ways in which Bitcoin can benefit corporations. Check out the latest reports about this below.
Here is the tweet that sheds light on the matter:
#Bitcoin offers corporations an innovative strategy to preserve their capital and create shareholder value by leveraging their balance sheets with $BTC, providing an escape from the destructive cycle of expensive acquisitions, buybacks, dividends, & debt. pic.twitter.com/n8mPApnbiv
— Michael Saylor⚡️ (@saylor) November 4, 2023
Someone commented: “Really curious how much more interest you’ll start seeing in events like Microstrategy World 2024 from companies interested in learning more about holding #bitcoin on balance sheets given the new FASB account rules set to go in effect in 2025.”
Another follower said: “Interesting! #Bitcoin seems like a game-changing asset for corporations looking to shake up their financial strategy. Forget the “acquisitions, buybacks, dividends, & debt” dance, let’s ride the $BTC wave!”
More traders believe that one of the most important things that you can do is to continue to talk about Bitcoin, DeFi, and crypto so more and more people can join the financial revolution. Please continue to advocate for Bitcoin and financial freedom.
Bitcoin in the news
According to a popular cryptocurrency analyst, Bitcoin (BTC) is displaying bullish signs and is expected to experience a parabolic rally soon.
In a recent strategy session, a crypto trader who goes by the name Bluntz predicts that the slight pullback that Bitcoin experienced overnight will be the lowest point as its price will continue to surge.
“I would not be surprised to think that maybe [the dip] was the low on Bitcoin, and it was a shallow one [so] we potentially [can] move higher.”
The crypto strategist goes on to say that the top crypto asset by market cap’s structure indicates its next move will be a huge leg up. Stay tuned for more juicy news from the crypto space.
