Key Takeaways
- Michael Saylor proposed Microsoft invest $100B annually in Bitcoin.
- He claims this strategy could add $5 trillion to Microsoft's value.
- Bitcoin's 120% surge in 2024 has boosted MicroStrategy's holdings to $37.6B.
Michael Saylor, MicroStrategy’s executive chairman, presented a bold proposal to Microsoft’s board of directors, suggesting the company could add nearly $5 trillion to its market value by investing aggressively in Bitcoin.
Brief presentation
In a brief but intense presentation, Saylor delivered 44 slides in just over three minutes.
He advocated for Microsoft to convert its cash flows, dividend payouts, stock buybacks, and debt into Bitcoin.
According to Saylor, such a move could add up to $584 to Microsoft’s share price over the next decade, assuming Bitcoin’s price rises to $1.7 million by 2034.
Saylor asserted in a video shared on Dec. 1:
Microsoft can’t afford to miss the next technology wave, and Bitcoin is that wave.
He claimed this strategy would “strip away risk from shareholders” while creating trillions in enterprise value.
Microsoft’s current situation
Microsoft, currently valued at $3.18 trillion, ranks as the world’s third most valuable company, trailing Apple and Nvidia.
Saylor argued Bitcoin would provide greater returns than the company’s current strategies of stock buybacks or holding bonds.
MicroStrategy’s success
MicroStrategy’s own commitment to Bitcoin has paid off.
Since 2020, it has acquired 386,700 BTC at a cost of $21.9 billion, now worth nearly $37.6 billion.
Additionally, MicroStrategy’s stock surged 465.5% in 2024 alone, mirroring Bitcoin’s 120% rise this year.
Saylor, urged the tech giant, concluding:
It’s time for Microsoft to evaluate its Bitcoin strategic options. Do the right thing for the world and adopt Bitcoin.
