Michael Saylor, chairman of MicroStrategy and a Bitcoin advocate, has boldly proposed to Microsoft’s board of directors. In a recent presentation, he suggested that Microsoft could increase its market value by nearly $5 trillion if it adopts Bitcoin as a core financial strategy.
Microsoft Could Add $584 Per Share With Bitcoin, Says Saylor
Saylor’s pitch centered around Bitcoin’s potential to drive growth. He claimed that converting Microsoft’s cash flows, dividend payouts, stock buybacks, and debt into Bitcoin could add $584 per share to its stock price over the next decade. This projection assumes Bitcoin could reach $1.7 million per coin by 2034.
He presented this idea during a three-minute presentation on YouTube. Saylor emphasized that Bitcoin represents “the next technology wave,” urging Microsoft to adopt it to maintain its competitive edge in the tech industry.
Saylor’s Proposal of $100B Investment in BTC
Saylor proposed that Microsoft invest $100 billion annually into Bitcoin, suggesting it would generate greater returns than traditional financial strategies like stock buybacks or holding bonds. He argued that such a move would reduce shareholder risks and create substantial enterprise value.
“Microsoft can’t afford to miss the next technology wave, and Bitcoin is that wave,” Saylor said. He added that adopting Bitcoin would position Microsoft as a leader in global cryptocurrency adoption.
Saylor pointed to growing support for Bitcoin among the public and political leaders. He highlighted pro-crypto comments from U.S. President-elect Donald Trump and recent Bitcoin investment products launched by Wall Street firms. Saylor called this trend a “crypto renaissance.”
Microsoft is currently the third most valuable company in the world, with a market cap of $3.18 trillion. Saylor believes integrating Bitcoin into its financial strategy could propel the company to heights, surpassing competitors like Apple and Nvidia.
Other Are Already Accumulating Bitcoin
Although this Bitcoin Treasury Strategy was merely a suggestion from Michael Saylor for Microsoft, his company, MicroStrategy, is already one of the largest corporate holders of Bitcoin. In November, the company purchased 55,000 additional Bitcoin for $5.4 billion, raising its total holdings to 386,700 BTC. This acquisition was funded through equity sales and debt offerings. The firm’s average Bitcoin purchase price stands at $56,761.
Bitcoin price surged by 120% this year, reaching an all-time high of $98,739. In November, MicroStrategy’s Bitcoin holdings increased in value to $37.6 billion, up from an initial investment of $21.9 billion. This growth has also positively impacted MicroStrategy’s stock, which has soared by 465% in 2024, reaching a new peak in November.
MicroStrategy’s stock price surged 465% this year. Source: Google FinanceYou May Also Like: Michael Saylor Holds Over $1B Worth of Bitcoin in Personal Assets
Not only MicroStrategy but other big firms are increasing their Bitcoin treasury. On Dec.2, Boyaa Interactive International, a Hong Kong-based online gaming company, replaced its Ethereum holdings with Bitcoin. Companies like Semler Scientific, a healthcare solutions provider, recently acquired an additional 297 BTC for $29.1 million, bringing its total holdings to 1,570 BTC.
Similarly, Rumble, a video-sharing platform, announced plans to allocate up to $20 million to Bitcoin as part of its new treasury strategy. In addition, Genius Group, an artificial intelligence firm, purchased 110 BTC for $10 million, intending to hold up to 90% of its reserves in Bitcoin.
The post Michael Saylor Says Microsoft Could Gain $5T in Value by Adopting Bitcoin appeared first on CoinChapter.