MicroStrategy chair Michael Saylor urged Microsoft to consider investing in Bitcoin to significantly improve its financial stance.
Saylor's Proposal
Speaking to Microsoft's board, Saylor delivered a three-minute presentation outlining Bitcoin's potential as the next major technological wave, supported by a 44-slide deck detailing the benefits of Bitcoin acquisition for Microsoft.
Potential for Microsoft
Saylor believes that Microsoft's investment in Bitcoin could increase the company's market cap by $4.9 trillion and boost its share price by $584 over the next decade. He stressed, "Microsoft can't afford to miss the next technology wave, and Bitcoin is that wave." He also stated that Bitcoin offers strategic advantages over traditional financial assets.
Bitcoin and Corporate Growth
Saylor’s confidence in Bitcoin is reinforced by its 120% growth this year. MicroStrategy has been actively investing in cryptocurrency since 2020, acquiring 386,700 BTC, propelling the company’s stock to new heights.
Michael Saylor urges Microsoft to reassess its Bitcoin strategic options, which he believes could bring significant financial benefits to shareholders.
