Odaily Planet Daily News MicroStrategy co-founder Michael Saylor told Microsoft CEO Satya Nadella and the board that Bitcoin is the best asset the company can own. Saylor stated in a three-minute video recently presented to Microsoft: "Microsoft cannot miss the next wave of technological change, and Bitcoin is that wave. Bitcoin represents the greatest digital transformation of the 21st century and symbolizes digital capital." Saylor went on to say that it "makes sense" for Microsoft to buy and hold Bitcoin instead of repurchasing its own stock or holding bonds. He further stated, "In the past five years, you have given up hundreds of billions of dollars in capital, and you have only amplified the risks faced by shareholders. If you want to break this vicious cycle, you need an asset that has no counterparty risk." He added that if Microsoft converted its cash flow, dividends, repurchases, and debt into Bitcoin, by 2034, Microsoft's stock price could increase by $584 per share, and the enterprise value could rise by $4.9 trillion. Microsoft's stock closed up 0.11% on Friday, at $423.46. According to Google Finance data, the stock has risen 3.67% in the past month. (The Block)