Michael Saylor, founder and chairman of MicroStrategy, has urged Microsoft's board to consider adding Bitcoin (BTC) to its balance sheet. Saylor argues that full acceptance of Bitcoin could potentially boost Microsoft's market value by $5 trillion. In a brief presentation to Microsoft's board and CEO Satya Nadella, Saylor highlighted Bitcoin as the best-performing non-correlated asset on a company’s books, outperforming Microsoft stock by tenfold annually over the past four years.
Saylor emphasized increasing political support for Bitcoin, especially following Donald Trump's election win, and noted the backing from Wall Street and top asset management firms due to the launch of cryptocurrency-tracking ETFs. He suggested that if Microsoft utilizes its resources to invest in Bitcoin, its stock price could rise by $584 by 2034, significantly enhancing its market value while reducing risk dependency on future earnings forecasts. Microsoft's upcoming shareholder meeting will vote on this Bitcoin investment proposal, inspired by MicroStrategy's success, whose stock has surged 459% this year, compared to Microsoft's 13.27% return.
