Michael Saylor, the executive chairman of MicroStrategy, plans to present Bitcoin investment proposals to Microsoft in just three minutes.
Michael Saylor's Plans
Following his participation with VanEck on X Spaces on November 19, Michael Saylor announced he was invited to deliver a three-minute presentation to Microsoft's board of directors, aiming to persuade them to invest part of the company's reserves in Bitcoin.
Microsoft's Current Financial State
Microsoft, one of the world's largest tech companies, holds $78 billion in cash. While they have multiple investments in other companies like OpenAI, none are tied to Bitcoin or cryptocurrencies. The company considers investing in Bitcoin in December.
Market Impact and MicroStrategy Stocks
If Microsoft accepts Saylor's presentation, it could significantly impact the company and the market as a whole. Under Saylor's leadership, MicroStrategy's stocks have seen an impressive 331% increase in the past year and a 2735% rise over the past five years since adding Bitcoin to their holdings.
Microsoft's decision to invest in Bitcoin could be a historic step for the company and the industry, given its scale and influence.