Why Corporations Are Gobbling Up Bitcoin!

Recently we’ve heard more and more companies announce that they are buying Bitcoin and “selling dollars” in terms of their corporate reserves. It all started out with MicroStrategy, a NASDAQ traded firm, announcing they were going to buy and hold 100s of millions of dollars worth of Bitcoin in their reserves. This kicked off a wave of other notable companies doing the same. We think this will only continue in practice and accelerate in the coming years because of global economic and financial trends. In this video, Adriaan touches on what these companies are, why they are buying Bitcoin, their long term plan, and much more!

Timestamps:
Intro – 0:00
What is a reserve asset? – 1:01
MicroStrategy’s Plan – 1:40
Tahini Restaurant – 3:15
Snappa Startup – 3:55
Square’s Bombshell – 5:17
Bitcoin’s undeniable fundamentals – 6:21

#Bitcoin #BTC #ReserveAsset

(Visited 21 times, 1 visits today)

You might be interested in

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

kusama
Kusama (KSM) 151,90 9,58%
compound-governance-token
Compound (COMP) 325,82 9,61%
dash
Dash (DASH) 118,85 7,33%
zcash
Zcash (ZEC) 83,52 7,21%
yearn-finance
yearn.finance (YFI) 25.021,03 6,46%
bitcoin
Bitcoin (BTC) 31.376,32 3,38%
ethereum
Ethereum (ETH) 1.858,78 6,05%
tether
Tether (USDT) 0,848004 0,07%
cardano
Cardano (ADA) 1,05 7,88%
xrp
XRP (XRP) 0,530481 4,42%
dogecoin
Dogecoin (DOGE) 0,169425 11,34%
polkadot
Polkadot (DOT) 11,54 7,78%
usd-coin
USD Coin (USDC) 0,847333 0,22%
uniswap
Uniswap (UNI) 15,43 7,35%
bitcoin-cash
Bitcoin Cash (BCH) 402,22 5,31%
chainlink
Chainlink (LINK) 15,42 3,72%
matic-network
Polygon (MATIC) 0,821913 10,35%
solana
Solana (SOL) 23,51 7,55%
litecoin
Litecoin (LTC) 108,87 6,23%
stellar
Stellar (XLM) 0,218231 6,83%
ethereum-classic
Ethereum Classic (ETC) 40,04 11,31%
eos
EOS (EOS) 3,10 5,52%
tron
TRON (TRX) 0,049632 5,01%
filecoin
Filecoin (FIL) 40,93 5,44%
aave
Aave (AAVE) 251,21 7,85%
monero
Monero (XMR) 185,00 2,33%
dai
Dai (DAI) 0,849524 0,18%
tezos
Tezos (XTZ) 2,39 6,01%
cosmos
Cosmos (ATOM) 9,48 8,03%
algorand
Algorand (ALGO) 0,711472 7,29%