Microsoft may soon be buying BTC

The announcement of the purchase of Tesla, one of the most listed companies in the world and currently at number 9 in the world ranking by capitalization with about 750 billion dollars, has stirred up the world market a little and the companies that have proven to date neutral to crypto, they could soon become an active part in the digital market. Large companies aim at innovation so that their interest in the markets is always active and Bitcoin has now become an innovative element that companies are starting to look at with a lot of interest.

Font: https://assetdash.com/

However, during an interview with CNN's Julia Chatterley, Smith hinted that Microsoft may still change its mind about an investment in Bitcoin. In my opinion, Microsoft will be forced to enter the digital market in order to guarantee a level of innovation to its customers, for example by accepting digital assets as payment methods for its products. The growing increase in digital asset holders will sooner or later convince the integration of crypto payments and for this reason, thinking like a billionaire multinational, it would be an excellent reason to start investing today, in order to obtain possible profitable returns.

It is also very likely that companies of the caliber of Microsoft have already started a process of buying Bitcoin or other cryptocurrencies and that it is part of the company strategy not to collect the data at the moment. A bit like what happened with Tesla who bought BTC in January 2020 and announced it a month later, also causing a nice rise that allowed it to break through the $ 50k wall today. Coincidences? Absolutely not.

It is also in the air that Apple, the company with the largest capitalization on the world market, is willing to enter the digital sector, most likely accepting some cryptocurrencies as a payment system rather than as an investor. I think that in 2021 most, if not all, of the top 20 of the ranking will announce some form of acceptance of cryptocurrencies as at least a method of purchasing their products. It is inevitable if you want to be competitive worldwide.

Where can Bitcoin go if companies like Amazon, Apple, Microsoft and Google announce that they have entered the market? The 100k dollars, a crazy goal until a couple of months ago, could perhaps be a new springboard towards who knows what new All Time Highs. It is now indisputable that cryptocurrencies are gaining the support of the people and the market, what once aroused fear now instead arouses euphoria and this is an excellent sign for the future.

Thanks for taking the time to read the post.