Microsoft Evaluates Bitcoin Strategy Presented by Michael Saylor
- Michael Saylor Introduces Bitcoin to Microsoft Board
- MicroStrategy Defends Bitcoin as a Strategic Asset
- Microsoft considers investing in cryptocurrencies
MicroStrategy co-founder Michael Saylor recently presented a detailed strategy for adopting Bitcoin as a reserve asset to Microsoft’s board of directors. In a three-minute presentation, Saylor argued that incorporating Bitcoin could significantly increase Microsoft’s market value, potentially adding as much as $5 trillion in the coming years.
My 3-minute presentation to the $MSFT Board of Directors and @SatyaNadella , articulating why the company should do the right thing and adopt # Bitcoin . pic.twitter.com/aHp91V9Slz
- Michael Saylor⚡️ (@saylor) December 1, 2024
Using a 44-slide presentation, Saylor suggested that Microsoft could convert cash flows, dividend distributions, share buybacks and debt into Bitcoin as part of a strategic approach. He highlighted that Bitcoin is the best asset one can own, stating: “The numbers speak for themselves. It makes a lot more sense to buy Bitcoin than to buy back your own stock or to hold Bitcoin instead of bonds.”
At the time of publication, the price of Bitcoin was quoted at US$95.811,97 with a drop of 1.6% in the last 24 hours.
Saylor also recommended that Microsoft allocate $100 billion annually to invest in Bitcoin. He emphasized the growing public and political support for the cryptocurrency, citing the backing of the “US Bitcoin strategic reserve” and sharing a statement from President-elect Donald Trump: “Never sell your Bitcoin.”
As CEO of MicroStrategy, Saylor said we are entering the first year of a “crypto renaissance,” urging Microsoft to choose between holding on to the past or embracing the future.
MicroStrategy has become one of the largest corporate holders of Bitcoin, acquiring the cryptocurrency as part of its treasury management strategy. Since August 2020, the company has been buying Bitcoin, with its current holdings valued at $36,7 billion.
Saylor has been a vocal advocate of Bitcoin as a superior asset compared to traditional investments, positioning MicroStrategy as a prominent figure in the conversation around institutional adoption of cryptocurrencies.
On December 9, Microsoft shareholders will vote on whether the company should consider investing in Bitcoin during its annual meeting. However, Microsoft’s board of directors has already recommended that shareholders vote against the proposal, noting that the company’s management is already “carefully considering the issue.”
Microsoft founder Bill Gates has repeatedly criticized cryptocurrencies, especially Bitcoin. In 2021, Gates said that Bitcoin mining consumes excessive amounts of electricity and harms the environment, and stated that he does not plan to invest in Bitcoin, preferring to allocate capital to companies that produce tangible assets. Gates stepped down from Microsoft's board in 2020.
Microsoft’s decision to adopt Bitcoin as a reserve asset could influence other large corporations to consider similar strategies, impacting the cryptocurrency market and institutional adoption on a large scale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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