MicroStrategy co-founder and Bitcoin advocate Michael Saylor has urged Microsoft to invest in cryptocurrency, which he believes will bring significant benefits to the company.
Michael Saylor's Recommendations
Michael Saylor addressed Microsoft's board of directors, proposing an investment in Bitcoin. He believes the company should rethink its strategies from past years and leverage Bitcoin for better financial results.
Arguments for Bitcoin
Saylor expressed confidence that Bitcoin represents the biggest digital transformation of the 21st century. He also cited political support for cryptocurrency, arguing that interest in Bitcoin is reaching new heights.
Impact on Stock Value
Saylor predicts that annual investments of $100 billion in Bitcoin could increase Microsoft's share price by $584 by 2034. He also suggests this would add $4.9 trillion to Microsoft's market cap.
Michael Saylor's recommendations regarding Bitcoin investment have garnered interest among Microsoft's leadership. Whether or not to adhere to this strategy is up to the company, but the prospects of change appear impressive.
