Michael Sailor, chairman of MicroStrategy and bitcoin bull, told Microsoft's board that if the company were fully dedicated to bitcoin, it could increase its market value by nearly $55 trillion.
In his speech to Microsoft's board of directors, Saylor released a report on why the tech giant should buy #bitcoin after watching 44 slides in just 3 minutes.
"Microsoft can't afford to miss the next technology wave, and bitcoin is that wave, Saylor said at the beginning of his speech in a video published on Dec. 12. He asked Microsoft to convert cash flow, dividends, stock buybacks and debt into #cryptocurrency . :
"It would increase shareholder value by hundreds of dollars. It could create trillions of dollars in corporate value. You'd eliminate risk for your shareholders.
In her statement, Saylor argues that bitcoin could increase Microsoft's stock price by 584 million yen over the next 1 year if the company bought bitcoin using all treasuries and debt, all cash flow, dividend payments and share repurchases, assuming that by the end of 2034, bitcoin would be worth 1.7 million Microsoft shares.
On the slide, Saylor claims that if the strategy moves entirely to bitcoin, it could increase Microsoft's value by $4.9 trillion. The company is currently the world's third-largest company by market value ($3.18 trillion), behind only leaders Apple Inc. and Nvidia Inc.
It has grown 120% this year - up about 40% last month alone - to nearly 1,100,000 people. Since 2020, Seylor-owned #MicroStrategy has acquired 386,700 bitcoins worth ¥21.9 billion. The price of a bitcoin is 997,200, and that amount is nearly 337.6 billion.
MicroStrategy's (MSTR) stock, as well as the value of their bitcoin assets, has increased by 465.5% in 2024. According to Google Finance, the company's stock peaked at 421.88 yen on the 22nd, surpassing the long-standing all-time high reached shortly before the dot-com bubble burst in early 2000.
"What if we could grow a 100 billion yen company faster than Microsoft with 1 times the revenue? "" he asked.
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