Elon Musk
Tesla has announced in a Securities and Exchange Commission (SEC) Form 10-k filing that the company has purchased $1.5 billion worth of bitcoin. When the news broke, the price of the leading crypto asset jumped well over 15%, touching a new all-time price high at $44,899 per coin.
Additionally, Tesla detailed in the filing that the company will begin to accept bitcoin (BTC) as a form of payment for Tesla products.
“Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt,” Tesla’s filing details.
Bitcoin Corporate Strategy with Michael Saylor
Bitcoin can be integrated into the P&L as well as the balance sheet of corporations.
- Bitcoin treasury strategy
- Bitcoin product strategy
- Bitcoin service strategy
- Bitcoin for competitive advantage
- Bitcoin to avoid solvency challenges
- Examples of corporations successfully integrated Bitcoin
- Future opportunities & competitive dynamics
SPEAKER:
Michael J. Saylor
Chairman and CEO, MicroStrategy
Michael Saylor (michael.com) is the Chairman & CEO of MicroStrategy (MSTR), a publicly traded business intelligence firm that he founded in 1989. He is also the founder of Alarm.com (ALRM), named inventor on 40+ patents, & author of the book “The Mobile Wave”. He founded & serves as trustee for the Saylor Academy (saylor.org), a non-profit organization that has provided free education to 800,000+ students. He is an advocate for the Bitcoin Standard (hope.com). He has dual degrees from MIT in Aerospace Engineering & History of Science.
Own Your Crypto in a Tax Effective Fashion
What Is Blockchain
A blockchain, originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp and transaction data. By design, a blockchain is inherently resistant to modification of the data. A blockchain is a decentralized, distributed and public digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network. This allows the participants to verify and audit transactions inexpensively.
Heffx Applications Of Blockchain
The Heffx Blockchain software environment for digital assets offers one of the largest production blockchain platforms in the world, we are using brand new technology combined with decades of exchange experience to build a radically better financial system. Blockchain and the value of distributed-ledger technology is being recognized by the leading global institutions and a growing number of individuals. Blockchain empowers global institutions and individuals with the same level of control, transparency, security and ease of use it will fundamentally change the way we do business.
It Does Not End With Finance
Heffx are also developing Blockchain services in the field of tracking assets and services, securing and delivering digital records as well as the validation of documents and items. Blockchain is a technology that will become essential in many industries.
CryptoCurrencies
Heffx has built and is building a large number of CryptoCurrencies for clients, these range from Smart Contracts on the Ethereum network to mined Blockchain currencies. Heffx can also manage and report on these currencies, facilitate listing and trading and assist in the development of White Papers. As the use of Crypto units increases so will demand for our Crypto Treasury services.
Trading/Exchange
Heffx can help get your Crypto listed and trading, we can offer a White Label of our own exchange software, we also have advertising services for issuers. We have aready started rating Crypto assets and managing portfolio’s for institutions and individuals in the Crypto arena.
Cryptocurrencies, Decentralized processes and the ever widening impact of Blockchain are going to have a major impact on the way things are done, who does them and who makes the money.
Where there were once huge barriers to entry, the door is now open.
