MicroStrategy Executive Chairman Michael Saylor is set to present a proposal for Microsoft to invest in Bitcoin, with a brief but impactful three-minute pitch to the company’s board. The announcement follows Saylor’s participation in VanEck’s X Spaces on November 19, where he revealed the opportunity to introduce the concept to Microsoft’s leadership.
Saylor, a well-known Bitcoin advocate, explained that the activist who proposed the idea reached out to him to make the pitch. “The activist contacted me to present to the board, and I agreed to provide a three-minute presentation,” Saylor shared on X Spaces.
Microsoft, a global tech giant with a massive $78 billion in cash reserves, has so far avoided any significant exposure to Bitcoin or cryptocurrency-related products. The company holds a range of investments, including in companies like OpenAI, but has steered clear of the volatile crypto market. Saylor’s proposal aims to change that by encouraging the tech titan to allocate some of its vast resources into Bitcoin.
Saylor also highlighted that Microsoft’s stock is largely driven by quarterly earnings, with only 1.5% of its value derived from intangible assets. Earlier in October, Microsoft’s board discussed potential voting items for December, which could coincide with an assessment of Bitcoin investment.
Should the Microsoft board accept Saylor’s proposal, it would mark a major shift for the company and could send shockwaves through both the tech industry and financial markets, positioning one of the world’s oldest and most influential companies as a prominent player in the cryptocurrency space.
In related news, Saylor recently reached out to Microsoft CEO Satya Nadella on X, suggesting that Nadella could contact him if Microsoft were interested in making “another trillion dollars for the shareholders.” Saylor’s MicroStrategy has seen a staggering 331% increase in its stock price over the past year, largely driven by its bold Bitcoin strategy. Over the past five years, MicroStrategy’s stock has skyrocketed by 2,735%, as the company became the first publicly traded firm to incorporate Bitcoin into its balance sheet.
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