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 commits to Bitcoin, the company's market value could increase by nearly $5 trillion.
Saylor elaborated on why this tech giant should purchase Bitcoin using 44 slides in just over three minutes while presenting 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 enterprise value. You can eliminate shareholder risk."
Saylor claimed in his presentation that if Microsoft uses all of its finances and debt, as well as all cash flow, dividend payments, and stock buyback funds to purchase Bitcoin, Bitcoin could potentially drive Microsoft's stock price up by $584 over the next 10 years—assuming that by the end of 2034, 1 BTC will be worth $1.7 million.
Saylor's slides claim that if Microsoft fully invests in Bitcoin, this strategy could increase Microsoft's value by $4.9 trillion. The company currently ranks third globally with a market value of $3.18 trillion, trailing only behind leading companies Apple and Nvidia.
So far this year, BTC has surged by 120% (up about 40% just in 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, with Bitcoin priced at $97,200.
As of 2024, the stock price of MicroStrategy (MSTR) has soared by 465.5% alongside the value of the Bitcoin it holds. Its stock peaked at $421.88 in November. According to Google Finance, the index surpassed the historical high that had been maintained since the bursting of the internet bubble in early 2000 on the 22nd.
Saylor claims that public and political support for Bitcoin is "surging," and that a "cryptocurrency revival" is emerging, pointing to the statements supporting cryptocurrency made by soon-to-be president Donald Trump and the Bitcoin investment products launched by famous Wall Street companies.
Saylor believes that Microsoft should invest $100 billion in Bitcoin each year and claimed that "buying Bitcoin makes more sense than buying back your own stock or holding Bitcoin instead of bonds."
"What if you could acquire a $100 billion company with one times revenue that grows faster than Microsoft? What if you could do this every year?"
"Now is the time for Microsoft to assess its Bitcoin strategic options," Saylor said. "Therefore, do the right thing for the world and adopt Bitcoin."
