Michael Saylor, co-founder and executive chairman of MicroStrategy, has just confirmed that he will present a Bitcoin investment strategy to Microsoft’s leadership. This move aims to persuade the tech giant to consider Bitcoin as a reserve asset in its treasury.
Microsoft Shareholder Proposal
• A Microsoft shareholder has proposed that the company needs to assess the impact of Bitcoin on its balance sheet.
• Saylor was contacted to deliver a 3-minute presentation explaining the potential of Bitcoin in enhancing asset value and stabilizing stock prices.
• The vote from Microsoft shareholders regarding the implementation of this formal assessment is expected to take place on December 10.
Michael Saylor's Argument
• Bitcoin is a strategic asset: Saylor argues that Bitcoin can help stabilize business value, especially for companies holding large amounts of cash.
• He compares Microsoft to MicroStrategy – a technology company that has achieved great success through Bitcoin investment. MicroStrategy currently holds 252,220 BTC (worth approximately $16.8 billion), making it the largest Bitcoin holder in the world.
• According to him, adding Bitcoin to the balance sheet would help Microsoft increase its stock value and provide greater returns for shareholders.
Microsoft's Reaction
• Microsoft’s leadership recommends shareholders not to approve this proposal. The company stated that it has considered various investment options, including Bitcoin.
• Currently, Microsoft has not made any official moves regarding the adoption of Bitcoin as a reserve asset.
Conclusion
Although Michael Saylor's proposal is supported by some shareholders and evidence from MicroStrategy's success, Microsoft’s leadership remains cautious. This event reflects the growing appeal of Bitcoin to large corporations, while also highlighting the debates surrounding the application of cryptocurrency in corporate financial strategies.