Michael Saylor's Bold Pitch: Microsoft's $5T Bitcoin Boost.
In a recent presentation to Microsoft's board of directors, Michael Saylor, executive chairman of MicroStrategy, made a compelling case for the tech giant to invest heavily in Bitcoin.
Saylor proposed that by channeling cash flows, dividends, stock buybacks, and debt into Bitcoin, Microsoft's market valuation could soar by an astounding $5 trillion Saylor emphasized that Bitcoin represents the next technology wave and adopting it could strip away risks from shareholders while significantly boosting the company's stock price.
With Microsoft currently holding a market cap of $3.18 trillion, this move could position it as a leader in the digital transformation era.
Adoption of $BTC by such tech companies tend to spike the Bitcoin price. However rejection would also posses some risks. You remember Elon musk tweet to stop buying Tesla with Bitcoin due to environmental concerns and its price dropped by 12%.
As $BTC trade at 96,724, what price do you think $BTC could reach through Microsoft influence.
What are your thoughts on this bold strategy? Do you think other companies should follow suit?