According to a previous report by Zombit, Microsoft is set to vote on whether to evaluate Bitcoin investment at the shareholders' meeting on December 10, and Michael Saylor, chairman of MicroStrategy and a well-known Bitcoin supporter, has submitted a three-minute presentation to the Microsoft Board of Directors and CEO Satya Nadella at the request of the proposal's initiator, aimed at promoting the value of Bitcoin as an investment asset.
My 3-minute presentation to the $MSFT Board of Directors and @SatyaNadella, articulating why the company should do the right thing and adopt #Bitcoin. pic.twitter.com/aHp91V9Slz
— Michael Saylor (@saylor) December 1, 2024
Michael Saylor pointed out in his speech that Bitcoin is the seventh largest asset globally, with a market capitalization of $2 trillion and rapid growth, representing the digital transformation of capital in the 21st century, characterized by global reach, programmability, and divisibility.
On the other hand, the global asset total is about $900 trillion, of which about $450 trillion is used for capital preservation. Saylor emphasized that traditional assets face risks such as taxes, competition, economic and political instability, which could lead to capital losses of over $10 trillion annually. He argues that Bitcoin, as digital capital, can effectively combat these risks and provide a more efficient means of capital preservation.
Michael Saylor noted that since MicroStrategy adopted a Bitcoin strategy in August 2020, Bitcoin's annualized return has reached 62%, far exceeding Microsoft's stock at 14% and the S&P 500 index at 4%. He forecasts that Bitcoin's market capitalization could grow from $2 trillion to over $200 trillion in the next 21 years, becoming an important component of global assets. Therefore, Michael Saylor suggests that Microsoft should consider incorporating Bitcoin into its financial strategy to enhance shareholder value and remain competitive in the digital capital era.
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