Author: Jesse Coghlan, CoinTelegraph; Translated by: Tao Zhu, Jinse Finance
MicroStrategy Chairman Saylor, who is bullish on Bitcoin, told the Microsoft board that if Microsoft fully committed to Bitcoin, the company's market value could increase by nearly $5 trillion.
Saylor presented his case for why this tech giant should buy Bitcoin with 44 slides in just over three minutes to the Microsoft board.
In a video shared on December 1, Saylor stated, "Microsoft cannot miss the next wave of technology, and Bitcoin is that wave." He urged Microsoft to convert cash flow, dividends, stock buybacks, and debt into cryptocurrency, adding:
"If you do this, your stock price will increase by hundreds of dollars. You can create trillions of dollars in corporate value. You can eliminate shareholder risk."
In his pitch, Saylor claimed that if Microsoft used all its finances and debts along with all its cash flow, dividend payments, and stock buyback funds to buy Bitcoin, then over the next 10 years, Bitcoin could potentially increase Microsoft's stock price by $584—assuming that by the end of 2034, 1 BTC would be worth $1.7 million.
Saylor's slides claim that if Microsoft fully invested in Bitcoin, this strategy could increase Microsoft's value by $4.9 trillion. The company currently ranks third in the world with a market capitalization of $3.18 trillion, only behind leading companies Apple and Nvidia.
So far this year, BTC has surged 120% (up about 40% in just the past month), reaching nearly $100,000. Since 2020, Saylor's MicroStrategy has purchased 386,700 BTC at a total price of $21.9 billion, worth nearly $37.6 billion, based on a Bitcoin price of $97,200.
In 2024 to date, MicroStrategy (MSTR) stock price has soared 465.5% alongside the value of its Bitcoin holdings. Its stock peaked at $421.88 in November. According to Google Finance, the index broke through the long-held historical high before the internet bubble burst in early 2000 on the 22nd.
Saylor claims that public and political support for Bitcoin is "surging," and a "cryptocurrency revival" is emerging, pointing to the statements supporting cryptocurrencies made by incoming President Donald Trump and Bitcoin investment products launched by prominent Wall Street firms.
Saylor believes Microsoft should invest $100 billion in Bitcoin each year, asserting that "buying Bitcoin makes more sense than buying back its own stock or holding Bitcoin instead of bonds."
"What if you could acquire a $100 billion company growing faster than Microsoft at 1x revenue? What if you could do that every year?"
"Now is the time for Microsoft to evaluate its Bitcoin strategic options," Saylor said. "Therefore, do the right thing for the world and adopt Bitcoin."
