Michael Saylor urges Microsoft to adopt Bitcoin, highlighting its growth potential, financial benefits, strategic advantages for shareholders, and innovation.
Michael Saylor, the executive chairman of MicroStrategy, recently delivered a brief yet powerful three-minute presentation to Microsoft’s Board of Directors. The purpose of his talk was to convince the tech giant to adopt Bitcoin. Saylor, a staunch advocate of the cryptocurrency said that Microsoft simply could not afford not to be part of the next big technology trend. According to Michael Saylor, Bitcoin is the new technology. He has a point when he refers to it as the biggest digital transformation of the 21st century.
In his presentation to the investors, Saylor focused on talking about ‘digital capital’. He noted that global wealth is diversified in different asset categories. Some are income generating assets while others are assets that are deployed to maintain capital value. Conventional assets are depreciating, thus threatening to lose trillions of dollars on a yearly basis. This is turning investors to Bitcoin as a safer bet. According to Saylor, Bitcoin is more superior than physical assets in the economic and technical perspective. It provides a new way of retaining capital.
Saylor also talked about the prospects for Bitcoin’s growth. He said it had the potential to evolve into an asset class commanding hundreds of trillions of dollars. This growth is backed up digitally, politically, and economically. He convinced the Microsoft board that using Bitcoin was in the company’s best interest. He said it would be wiser to own Bitcoin than to repurchase stock or own a bond. Bonds, he said, were constraining market choices and equity float. With Bitcoin, Microsoft can beat rivals and decrease the risk for shareholders.
Saylor Offers Microsoft Open-Source Bitcoin Model for Growth
Saylor pointed out that there is increasing support for Bitcoin. The support from the public, the politicians, and Wall Street is rising. The U.S. government itself is not remaining behind. Saylor said that Bitcoin is in the first year of what he called the “crypto Renaissance.” He challenged Microsoft to decide on the future or the past. The fact was that investing in Bitcoin would help Microsoft grow. Lack of investment would stifle growth while benefiting the shareholders would be enhanced.
Saylor also brought the idea of open-source model with him. This would allow Microsoft to exchange cash flows, dividends, buybacks and debts for Bitcoins. The use of this strategy could bring an addition of hundreds of dollars to the stock price. It would add value and decrease the risk of counterparties. Saylor referred to it as the “Bitcoin standard” for success.
This presentation was made just prior to the crypto board decision at Microsoft. This decision is for December. Saylor had also reached via X post to CEO Satya Nadella in October this year. He said, “If you want to make the next trillion dollars for $MSFT shareholders, call me.” The crypto world and investors are waiting for this news. Will Microsoft choose to embrace Bitcoin?
