🚀 Michael Saylor to Pitch Bitcoin to Microsoft’s Board
MicroStrategy’s Bitcoin evangelist, Michael Saylor, is taking his BTC advocacy to the next level. On Dec. 10, he’ll present a three-minute pitch to Microsoft’s board of directors, proposing the tech giant invest in Bitcoin to make its stock more stable and less risky.
The proposal, spearheaded by the National Center for Public Policy Research (NCPPR), argues that Bitcoin could transform Microsoft's massive cash reserves into a tangible, appreciating asset. Saylor highlighted that MicroStrategy's Bitcoin-focused strategy has helped its stock outperform Microsoft by 300% this year, despite having a fraction of the business scale.
Saylor’s argument? Microsoft’s enterprise value is overwhelmingly tied to quarterly earnings, with only 1.5% supported by tangible assets. Allocating even a fraction of its reserves to Bitcoin, Saylor suggests, could reduce risk and enhance stability for shareholders.
Microsoft’s board has recommended voting against the proposal, claiming they already assess a wide range of investments, including Bitcoin. However, Saylor believes this conversation should happen at every major corporation holding large cash reserves, from Apple to Meta.
Will Saylor’s bold move nudge one of the world’s largest companies into Bitcoin? The vote on Dec. 10 could set a precedent for corporate adoption of crypto!
