Michael Saylor Proposes Bitcoin as Microsoft's Key Asset

user avatar

by Giorgi Kostiuk

2 years ago

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.

Bitcoin represents the biggest digital transformation of the 21st century.

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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Increased Rewards for Alpenglow Bugs Announced

Jump Crypto is raising payouts for eligible findings in the Firedancer program, especially for Alpenglow bugs. Effective until Nov 20, eligible findings will receive double the standard reward, with triple rewards for Alpenglow-specific bugs.

user avatarMohamed Farouk

Sean Bowe Calls for End to Automatic Funding for Zcash Community Grants

Zcash cofounder Sean Bowe proposes to halt the automatic allocation of 8 ZEC to the Zcash Community Grants program, citing sufficient treasury funds to cover years of spending.

user avatarBayarjavkhlan Ganbaatar

Solanas Firedancer Introduces Paywall for Bug Reports

The Firedancer team has implemented a requirement for researchers to burn 1 SOL per bug report to reduce AI-generated submissions.

user avatarElias Mukuru

Aviva Investors Expands Tokenized Fund Offerings with Sterling Liquidity Fund Launch

Aviva Investors has launched a tokenized share class of its Sterling GBP Liquidity Fund on the XRP Ledger, marking its second tokenized fund.

user avatarDiego Alvarez

Glamsterdam Upgrade Delayed Despite Security Improvements

Glamsterdam upgrade faces delays despite vulnerability fix due to additional testing requirements.

user avatarKenji Takahashi

Ethereum Developers Address Vulnerability in Glamsterdam Upgrade

Ethereum developers have resolved a serious vulnerability in the Glamsterdam upgrade that could have allowed block builders to withdraw ETH intended for staking validators.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.