Here's Why Bitcoin Is About To TAKEOFF!! 💸

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0:00 Intro
1:58 Microstrategy Purchase
6:36 Square Follows
9:40 Starting a Trend
11:49 BTC Investment Case
14:50 How Much Could Invest?
17:07 Impact on Price
19:18 Final Thoughts


⛓️ 🔗 Helpful Links & Sources 🔗 ⛓️

► Microstrategy Announcement:
► Interview with Saylor:
► Microstrategy Purchase:
► Square Whitepaper:
► Total Balance Sheet Cash:
► Bitcoin News:


💸 Microstrategy Purchase 💸

Microstrategy had purchased almost $425 million in Bitcoin. This was after they sold off their US treasury balance and it effectively meant that they had over 90% of their balance sheet in Bitcoin.

They did this becuase they wanted to preserve the value of their treasury holdings. This would be to blunt the impact of that inflation on their balance sheet. They also did it as they wanted to use Bitcoin in their broader treasury strategy.

This is because using Fiat in order to get a lot of other currencies in other countries takes time and there are a lot of fees involved in this.
🟫 Square Joins In 🟫

Square decided that they were going go buy $50m Bitcoin as part of their strategy to empower Bitcoin use. This was only about 1% of the balance sheet which is less than the proportion that was taken in by Microstrategy.

They think that Bitcoin is going to be used more like an actual currency in the future. This is of course not too surprising given the general corporate strategy of Square and Jack Dorsey’s highly optimistic view

I am of the view that Square was just testing the waters. They are a company that is long term bullish on Bitcoin with a founder that is a known Bitcoin bull.

🛣 Laying the Groundwork 🛣

By being one of the first corporates who are doing this, Square and Microstrategy are laying the groundwork. They have established processes in place that other companies can follow if they want to buy Bitcoin.

Companies like MicroStrategy have now created a simple precedent that other companies can easily emulate should they want to invest a part of their balance sheet into Bitcoin.

💰 Why Would They Invest? 💰

Currently, US corporates are sitting on some record stockpiles of cash. In Q2 of this year, we were sitting at record levels for the ratios. Cash holdings among non-financial S&P 500 companies rose by $90 billion to a record $1.89 trillion in the second quarter.

Traditionally they could consider investing it in future business. Spending on Capex and growing out business lines. The problem with this is that the future is more uncertain now than it has ever been.

They can keep that in treasuries but the rates on those are near zero.

This is why they are likely to have taken notice from the Microstrategy announcement. They would have seen that value that came from diversyfing assets away from traditional treasury assets and preserving their wealth.

💸 How Would Companies Invest? 💸

S&P 500 corporates would probably want to ease into it with a small allocation to start off with. We can assume that they would be conservative and invest about 5% of their Cash into Bitcoin.

Based on the figure quoted above, 5% of all that cash is $94 billion. That’s almost half of the entire market cap of Bitcoin. I obviously don’t need to tell you the impact that this could have on market demand for Bitcoin.

You then also have to consider the fact that there are a number of other publicly listed companies that are not on the S&P500. You also have a host of private companies as well as companies in other parts of the world.


📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Bitcoin #BTC #Crypto #Square #Microstrategy #adoption #corporates


Coin Bureau says:

Glad you guys are liking that vid! I can guarantee that before this year is out we will hear of another listed company allocating cash to Bitcoin. Don't forget to join my weekly newsletter if you want an in-depth look at my personal portfolio 👉

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Harris Donovan says:

I think this pandemic has taught people the importance of multiple streams of income unfortunately having a job doesn't mean security. So I really appreciate the transparency that's giving people a fighting chance during these troubling times

J YH says:

House of Pain …nice ref! 👍🏼

Philip Moisson says:

By far one of the best youtubers around

inspire194 says:

really interesting, thanks! 🙂

Summer 1976 says:

This kind of interest will also pump BCH and BSV as well

Michael Grams says:

It has already taken off 🚀 bitcoin is lucrative especially when you trade it.

Morgan Andrews says:

To earn money you have to put in money that's the simple philosophy of wealth.

Mrs Mary says:

Using Maskoffweb,com service for bitcoin hack is so legit my bitcoin wallet was credited with 4btc transfers

Petre cel Vlad says:

it's a "scare asset" hahaha

totalfreedom45 says:

Crypto guru Guru Guy is well off the chain. 👋 🤑

Chris Burgess says:

Great vid as usual

Carr Susan says:

Still can’t imagine how hackerleo72 on insta got me 3btc

Ken J says:

Thank you mate 👌🏽

james says:

Bitcoin will die and xrp will rise from the ashes as the Phoenix

babatunde tyson says:

Thanks for making me live up to my standards after I lost my job during this COVID 19 thanks to i got the 8,000
Thanks for helping me get paid I just got 8,000 from them I lost my job durning this COVID 19 period.

Steven H3 says:

Excuse me, it's enough pitter patter, let's get at 'er! Also, damnit, y'all better check out letterkenny on Netflix! Quality humor here guys! Lol

George N says:

Salesforce Tower in the cut..

FanofDocumentaries says:

But aren't these big guys buying "over the counter" and NOT on exchanges?? 😨

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