Michael Saylor to Pitch Bitcoin Investment to Microsoft

user avatar

by Giorgi Kostiuk

2 years ago

Michael Saylor, the Chairman of MicroStrategy, has been given the go-ahead to make a three-minute presentation to Microsoft's board regarding Bitcoin investment.

Background and Saylor's Initiative

Michael Saylor was contacted by activists to present his idea of investing in Bitcoin to Microsoft's board. He believes this should be considered by other major companies with large cash reserves.

I think it’s not a bad idea to put it on the agenda of every company. It ought to be put on the agenda of Berkshire Hathaway and Apple and Google and Meta because they all have huge hordes of cash, and they’re all burning shareholder value.

Microsoft's Response to the Proposal

In October, Microsoft disclosed that voting in December would include a proposal about Bitcoin investment, initiated by the National Center for Public Policy Research. However, Microsoft's board recommended voting against it, as they already evaluate a wide range of investable assets including Bitcoin.

Prospects and Possible Implications

According to the deputy director of the NCPPR’s Free Enterprise Project, if Microsoft conducts the assessment and decides not to invest in Bitcoin, it could lead to tension within the company. This is a developing story, and further information will be added as it becomes available.

Michael Saylor's proposal may become an important step in Microsoft's decision-making on future investments, considering current cryptocurrency market trends.

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

Tavus Launches Griffin, a Revolutionary AI for Human Interaction

Tavus introduces Griffin, an AI model that convincingly simulates human conversation during live video calls.

user avatarAyman Ben Youssef

Griffin Outshines Previous AI Models in Live Conversation Tests

Griffin outperforms its predecessor GriffinLite and other AI models in live conversation tests.

user avatarSon Min-ho

Dolphin Token Listed on Upbit with Three Trading Pairs

Dolphin (POD) has been officially listed on Upbit, one of South Korea's leading cryptocurrency exchanges, with three trading pairs: KRW, BTC, and USDT.

user avatarNguyen Van Long

Optimism Releases Opnode Update to Enhance Sequencer Performance

Optimism has launched a new opnode update aimed at improving the performance of sequencers and preventing configuration errors from causing upgrade issues.

user avatarTando Nkube

Optimism Releases Maintenance Update v250 for Opreth

Optimism has released Opreth version 250, a maintenance update that removes legacy commands and includes important security patches.

user avatarKofi Adjeman

Optimism Releases Maintenance Update for Rust-based Faultproof Stack

Optimism has announced a substantial maintenance release for its Rust-based faultproof stack, known as Kona host v180, which was published on October 1. This update is recommended for all chains and focuses on ensuring that two pieces of verification software derive the same answers from the same chain data.

user avatarRajesh Kumar

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.