Klever
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
  • Login
  • Register
Klever News
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
Klever News
Home Global

Why February Might Be Bitcoin & Crypto’s Biggest Month Yet

by Misha Lederman
January 26, 2021
in Global
Reading Time: 4 mins read
3k
A A
0
Share on FacebookShare on Twitter

With Bitcoin & the crypto market experiencing its most explosive month in January, an event organized by Microstrategy’s Michael Saylor might be the trigger for a new round of institutional investors.

The CEO of business intelligence firm MicroStrategy, Michael Saylor, has announced a “Bitcoin for Corporations Event” slated to take place on February 3-4. The virtual conference will supposedly be hosting thousands of prominent executives, directors and officers of major global corporations aimed at sharing Microstrategy’s playbook on how to invest part of their company reserves into Bitcoin.

Microstrategy officially entered the Bitcoin space in the summer of 2020 and has now purchased over 70,000 BTC at many different prices, which is now estimated to be worth $2.2 billion. The company even sold $650 million worth of convertible senior notes, and bought Bitcoin with the proceeds. Now that’s deep corporate conviction in a decentralized p2p monetary network.

The firm will share how to create shareholders value to thousands, yes thousands, of potential institutional investors to make the same choice, and ensure a hedge against the US dollar and rising inflation of fiat currencies through Bitcoin.

Saylor has become an important evangelical Bitcoin advocate, who has argued that the quantitative easing by the US Fed in March 2020 was the trigger for him to take the decision to enter his company’s reserve cash into Bitcoin.

You might also like

Time to start using K5: learn how to migrate to the new Klever wallet app version

Time to start using K5: learn how to migrate to the new Klever wallet app version

January 31, 2023
7.3k
Use cryptocurrency and blockchain for transparent and secure voting

Use cryptocurrency and blockchain for transparent and secure voting

January 30, 2023
7.3k

Michael Saylor said during a live interview with CNBC: We’re going to have thousands of executives, officers, directors and advisors of corporations coming together in the first week of February.”

Representatives will also be present from Binance, Coinbase, Fidelity Digital Assets, Galaxy Digital and other firms facilitating the entry for major institutional investors into both Bitcoin and the crypto market as a whole. Microstrategy for instance announced that Brett Tejpail, Coinbase’s Head of Institutional Sales Trading, Custody and Prime Services will be speaking at the event, a keynote speaker slated to attract dozens, if not hundreds, of institutional investors attending the virtual conference.

We're excited to announce that @coinbase Head of Institutional Sales, Trading, Custody, and Prime Services, Brett Tejpaul, is joining us to speak at the groundbreaking #Bitcoin for Corporations event on Feb 3/4.

Register today. https://t.co/LzvoUQeORO pic.twitter.com/5On1WlFCJ9

— MicroStrategy (@MicroStrategy) January 26, 2021

Anyone can register for Microstrategy’s conference, which is free of charge, and you can access the event here. The two-day event will have key discussions on the rising role of Bitcoin as a hedge against a worrying global economic state, legal issues when buying BTC as a corporation as well as accounting requirements.

Microstrategy has already inspired several other publicly traded companies and players from the old financial world to take the step of getting exposure to Bitcoin on their balance sheet.

The upcoming Bitcoin for Corporations Event next week might become one of the largest events for Bitcoin to become mainstream in its entire 12-year history.

As Bitcoin has already consolidated around 32k for the past four days, and BTC has had a daily close above $30k for 23 consecutive days, which is of course historic for the world’s largest cryptocurrency. At this point, Bitcoin is only waiting for a major event to trigger higher levels, as is in line with the stock-to-flow model, predicting BTC above 100k in 2021.

This upcoming event is the reason that February might become one of the most impactful and memorable months in the history of Bitcoin. And as anyone who has been in crypto for a few years can tell you, whenever Bitcoin rallies, prominent altcoins are destined to follow, likely bringing the entire crypto industry’s market cap, overall valuation and interest from institutional players to levels not seen before.

We are surely living in exciting times. Let’s see what February has in store for Bitcoin and crypto holders worldwide. I have a gut feeling next month might produce the first signs of springtime for the world of blockchain to take its rightful place as one of the new most innovative, groundbreaking and life changing technologies in existence, destined to upend the global financial order.

Sincerely,

Misha Lederman

Director of Communications at Klever

*This article is not financial advice.

Did you enjoy this content? Keep reading:

  • Bitcoin’s Security Grows As Hashrate Hits New Highs

  • BlackRock, World’s Largest Asset Manager Enters Bitcoin’s Institutional Craze – Klever News

  • Wrapped KBTC & KETH Now Allows Near-Instant Swaps in Klever – Klever News

  • Bitcoin Breaks Historic Half A Trillion Market Cap – Klever News


Download Klever App

Previous Post

Bitcoin's Security Grows As Hashrate Hits New Highs

Next Post

Klever Exchange Launching in Q1 – The Game Changer for the Klever Ecosystem

Misha Lederman

Misha Lederman

Related Stories

Time to start using K5: learn how to migrate to the new Klever wallet app version

Time to start using K5: learn how to migrate to the new Klever wallet app version

by Maluh Bastos
January 31, 2023
0
7.3k

KleverChain’s launch in 2022 was one of the biggest accomplishments for the Klever Ecosystem.  Klever’s very own blockchain is bringing...

Use cryptocurrency and blockchain for transparent and secure voting

Use cryptocurrency and blockchain for transparent and secure voting

by Warren Manuel
January 30, 2023
0
7.3k

The integrity of democratic voting systems is crucial for the functioning of a healthy democracy. In recent years, there has...

Choosing Klever Wallet, K5 is a smart decision

Choosing Klever Wallet, K5 is a smart decision

by Isabela Bellumat
January 30, 2023
0
7.3k

As a decentralized crypto wallet, the Klever Wallet offers all the necessary tools for crypto enthusiasts, including storage of assets,...

Introducing K5, The Crypto Wallet Of The Future

Introducing K5, The Crypto Wallet Of The Future

by Klever
January 26, 2023
0
7.4k

KleverOS, the revolutionary Klever crypto wallet operating system that powers K5, ushers in a new era of crypto wallets. Today,...

Next Post

Klever Exchange Launching in Q1 - The Game Changer for the Klever Ecosystem

DOGE in Klever - The Underdog That Keeps On Surprising

Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recommended

Ethereum

Coin of the Week: Ethereum (ETH)

November 14, 2021
7.5k
Tron (TRX)

Coin of the Week: Tron (TRX)

May 19, 2022
7.5k

Popular Story

  • Stand a chance to win your share of 10,000 KLV

    Stand a chance to win your share of 10,000 KLV

    8334 shares
    Share 3334 Tweet 2084
  • Test drive Klever Wallet, K5 and Win 1000 KLV & 1 KFI

    7021 shares
    Share 2808 Tweet 1755
  • Bitcoin battles back from record losses to $21,000

    5914 shares
    Share 2366 Tweet 1479
  • Klever showcases its blockchain ecosystem on a Time Square billboard

    5358 shares
    Share 2143 Tweet 1340
  • K5 adds new blockchain and KleverSafe support in the latest Android version

    5070 shares
    Share 2028 Tweet 1268

Follow us on Twitter

Klever News

Join the Klever community
Growing together we are stronger.
Be sure to follow us on social media to stay up to date.

Categories

  • Announcements
  • Coin of the Week
  • Education
  • Exchange
  • Games
  • Global
  • Hardware Wallet
  • Market Updates
  • NFTs
  • Opinions
  • Sponsored
  • Wallet
Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recent News

Time to start using K5: learn how to migrate to the new Klever wallet app version

Time to start using K5: learn how to migrate to the new Klever wallet app version

January 31, 2023
Use cryptocurrency and blockchain for transparent and secure voting

Use cryptocurrency and blockchain for transparent and secure voting

January 30, 2023
  • Sponsored Content
  • Advertise
  • Contact Us
  • RSS Feed

© 2022 Klever News - Premium Crypto news & insights by Klever Finance.

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00
Go to mobile version