Yesterday, the CEO of DELL and the World's 10th Richest man posted about #Bitcoin .
➬ DELL has a MCAP of $102B and has $14B in Treasury 🤑
➬ DELL holds $6B in cash and cash equivalents, which could be put into #BTC
➬ Also, just like Michael Saylor, Michael Dell also has a controlling vote, which gives him the power to deploy that cash into BTC
➬ Remember that the FASB rule will go into effect in 2024, which will make it easier for companies to hold BTC.
➬ IMO, many big companies will put their cash into BTC, and DELL could be the one to do that first, which will start a domino effect.
➬ Right now, US companies hold over $1T in cash on their balance sheet, which is losing its value.
➬ Even if 10% of that comes into BTC, the price of BTC will go to the moon.