MicroStrategy founder Michael Saylor stated that Bitcoin could be one of Microsoft's most valuable assets. He believes the company should focus on this cryptocurrency to not miss the next wave of technological development.
Bitcoin and Microsoft: New Wave of Technology
In his presentation, Michael Saylor emphasized that Microsoft must not miss the next wave of technology, which is Bitcoin. He suggested that investing in Bitcoin would be more prudent than repurchasing shares or holding bonds.
MicroStrategy's Bitcoin Strategy
Since 2020, MicroStrategy has been strategically accumulating Bitcoin reserves. Recently, it acquired 55,500 BTC, bringing the total to 386,700 BTC, valued at over $37.7 billion at current market prices.
Reaction to Saylor's Proposal
Michael Saylor's proposal to integrate Bitcoin as a core asset in Microsoft's financial strategy resonated both in the tech and financial sectors.
Michael Saylor's suggestion has reverberated throughout the industry, highlighting the significant shift from traditional financial assets to decentralized solutions.