Michael Saylor says Bitcoin is the next wave of technology, and the co-founder and CEO of MicroStrategy (MSTR), the world's largest holder of Bitcoin, was more than willing to share his sentiments with the folks at Microsoft (MSFT).
Sailor, a bitcoin advocate, appeared at the software giant's virtual shareholder meeting in Redmond, Washington, on Dec. 10 in an attempt to convince the company to invest in bitcoin.
Shares of MicroStrategy, which owns 2% of the total supply of Bitcoin, have risen dramatically by a factor of more than six years so far.
Bitcoin surpassed $100,000 for the first time late on December 4, with the world's largest cryptocurrency having more than doubled in value (142%) this year.
“Microsoft cannot afford to ignore the next wave of technology. And Bitcoin is that wave,” Sailor said in a video posted to X on Dec. 1. “Bitcoin represents the greatest digital transformation of the 21st century. It represents digital capital.”
