As a seasoned analyst with over two decades of experience in tech and finance, I must say that Michael Saylor’s pitch to Microsoft’s board is nothing short of audacious, yet intriguing. His life experiences have undoubtedly shaped his bold perspective on Bitcoin and its potential impact on the tech industry titans like Microsoft.
Michael Saylor, an advocate for Bitcoin and the chair of MicroStrategy, recently delivered a persuasive argument to Microsoft’s board of directors. In a rapid-fire three-minute presentation supported by 44 slides, Saylor suggested that embracing Bitcoin could significantly increase Microsoft’s market value by approximately $5 trillion, potentially boosting its stock price by hundreds of dollars.
Saylor’s proposal, unveiled in a video shared on December 1, urged Microsoft to redirect its financial resources—including cash flows, dividends, stock buybacks, and debt—into Bitcoin. He asserted, “Microsoft can’t afford to miss the next technology wave and Bitcoin is that wave.”
As per Saylor’s explanation, this approach could potentially create enormous wealth (trillions) for the enterprise, all while minimizing potential hazards for the shareholders.
If Microsoft were to invest in Bitcoin, and the price of a single Bitcoin reached approximately $1.7 million by 2034, the company’s worth would dramatically increase. As of now, Microsoft has a market capitalization of around $3.18 trillion, making it the second most valuable company after Apple and Nvidia.
This year, Bitcoin’s extraordinary increase – up by approximately 120% to around $100,000 – has sparked comparable enthusiasm. MicroStrategy, a company that amassed 386,700 Bitcoins since 2020, has witnessed an expansion of its Bitcoin holdings to a staggering $37.6 billion. This significant growth in Bitcoin value has propelled MicroStrategy’s stock price by a remarkable 465% in the year 2024.
Emphasizing worldwide progression, Saylor underscored Bitcoin-favorable measures from U.S. authorities and burgeoning national Bitcoin reserve plans in Brazil and Texas. He concluded by urging Microsoft: “Now is the moment to assess your Bitcoin strategic possibilities. Make the ethical choice for the globe and embrace Bitcoin.
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2024-12-02 11:00