More and more companies are analyzing the possibility of adding Bitcoin (BTC) to the Ministry of Finance as a reserved asset.
This trend underscores the urgency to reinvent the finances of companies and adjust them The possibilities of Bitcoin as a strategic pillar.
Strategy CEO Phong Le spoke about this challenge at his exhibition.”Bitcoin for businesses“And he said, “Each of these issues is affected by or affecting BTC.
For executives, the currency created by Nakamoto Atoshi is not a financial asset, but a “change power” that influences and redefines all aspects of a company’s finances.
“We need a new standard. BTC can no longer become ‘Bitcoin’… Now that means Bitcoin Finance Company ((in Spanish) Bitcoin to Treasury company). This is a company that employs BTC as a central asset in its financial strategy. For this model to work, we need to rewrite each of the traditional corporate finance principles,” he said.
Fon points out such traditional indicators Revenue per action (EPS) is no longer sufficient to assess a company (as a strategy) BTC is at the heart of financial strategy.
As Cryptonoticias reports, the strategy is business intelligence software and data analytics overseen by Michael Saylor, and is recognized for its aggressive investment in BTC.
Currently, this is a public contributor, and the amount of currency held created by Nakamoto AT is created as a reserve asset.
The company has 555,450 BTC, according to data from Bitcintreasuries Explorer. “We write books as we move forward. I think it’s the books that people will read and teach in 20-30 years,” Von Le said.
Therefore, a new set of major performance indicators (KPIs) designed specifically for this type of enterprise is proposed. BTC yield, BTC gain, and BTC dollar increase.
BTC yield measures the performance a company generates when holding digital currency, for example, when it generates additional income through a loan or financial strategy.
BTC gain reflects the amount of BTC that a company grows over time, regardless of price.
Finally, an increase in BTC dollars represents an increase in the value of the dollars in these holdings and serves as a kind of net profit associated with the valuation of the assets.
In this regard, Phong emphasized: “We need to educate the world on KPIs and related metrics to work for Bitcoin finance companies. Traditional metrics do not capture the actual value generated by companies with BTC, meaning they are building a new framework.
In that sense, he raised:
“Today, each issue of corporate finance needs to be rewritten. Everything from asset valuation to capital allocation, needs to incorporate the impact of BTC. It’s not just having BTC in balance, but how to effectively evaluate, manage and use that asset to effectively generate value.”
Phong Le, CEO DE Strategy.
The integration of BTC as a strategic asset in the Ministry of Corporate Treasury is not only a new trend, but a complete reconstruction of the way companies perceive and manage capital.
Unlike other assets, BTC has attracted the attention of businesses and governments for its unique characteristics.
In fact, many investors consider it BTC is “digital gold” due to its similarity with precious metals.
Bitcoin is a decentralized currency and is resistant to censorship by the government or financial institutions. Broadcasts are limited to 21 million units, and are cut every four years at an event known as half. Moreover, it has not been devalued at all times by central banks’ excessive broadcasting and monetary policy.
Finally, it should be noted that, although relevant, its inherent shortage is what attracts attention from institutions, governments and small investors.