Michael Saylor Urges Microsoft to Adopt Bitcoin, Predicts $5 Trillion Market Cap Boost
Michael Saylor Unveils Bold Bitcoin Strategy to Microsoft Board, Predicting $4.9 Trillion Market Surge by 2034.
Key Takeaways:
- Michael Saylor presented a Bitcoin strategy to Microsoft’s board, projecting a $4.9 trillion boost in market value.
- The comprehensive plan involves converting cash flow, dividends, stock buybacks, and debt into Bitcoin.
- The proposal assumes Bitcoin will reach $1.7 million by 2034, adding $584 per share to Microsoft’s stock.
Michael Saylor, Chairman of MicroStrategy, pitched an ambitious Bitcoin strategy to Microsoft, suggesting the tech giant could increase its market capitalization by nearly $5 trillion by fully integrating Bitcoin into its financial strategy.
Saylor’s Bitcoin Strategy Pitch to Microsoft Envisions $5 Trillion Market Value Surge
Saylor laid out a 44-slide proposal in a three-minute presentation on December 1, advocating Bitcoin as the next technological wave Microsoft must seize.
“Microsoft can’t afford to miss the next technology wave, and Bitcoin is that wave,” Saylor asserted.
He urged Microsoft to reallocate its financial resources into Bitcoin to generate significant enterprise value and reduce shareholder risks.
The cornerstone of Saylor’s proposal rests on Bitcoin’s value rising to $1.7 million by 2034, driven by factors like institutional adoption, inflationary pressures, and increased political support for cryptocurrency.
Under this scenario, Saylor projects Microsoft’s stock price could gain $584 per share, propelling its market value from $3.18 trillion to over $8 trillion.
He also advocates for a yearly allocation of $100 billion to Bitcoin investments, arguing that this approach would be more profitable than traditional strategies like stock buybacks or bond holdings.
“What if you could buy a $100 billion company growing faster than Microsoft for 1 times revenue?” he asked, emphasizing Bitcoin’s unparalleled growth potential.
Saylor concluded his pitch with a rallying call, advising the tech giant to do “the right thing for the world and adopt Bitcoin.”
Political and institutional support for Bitcoin has further strengthened its case.
Saylor pointed to pro-crypto statements from U.S. President-elect Donald Trump and the introduction of Bitcoin investment products by major Wall Street firms.
Lending credibility to his vision, the MicroStrategy boss highlighted his company's success with Bitcoin. Since 2020, the company has accumulated 386,700 Bitcoin for $21.9 billion, an investment now valued at approximately $37.6 billion.
This strategy has also boosted MicroStrategy’s stock by 465.48% in 2024, with shares reaching an all-time high of $421.88 in November.
The Growing Case for Bitcoin
Bitcoin’s recent performance supports Saylor's thesis. The cryptocurrency has surged 120% this year, climbing nearly 40% in the past month to approach $100,000.
Its resilience amid economic uncertainty has positioned it as a hedge against inflation and a store of value akin to gold.
Saylor’s proposal also reflects a broader trend of corporate Bitcoin adoption.
Video-sharing platform Rumble recently announced a purchase of $20 million in Bitcoin as part of its reserve strategy.
Similarly, Switzerland’s Canton of Bern has moved to establish itself as a hub for Bitcoin mining, signaling growing global acceptance of the cryptocurrency.
Jimmy Aki
Drawing from his background in economics, Jimmy has monitored blockchain development for years, firmly believing in its power to democratise finance. Beyond offering commentary on the latest crypto developments, he also spends his time analysing open-source codes of promising projects on GitHub. Jimmy holds Bitcoin and Ethereum.
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