Key Takeaways:
- Bold $5 Trillion Bitcoin Proposal: Michael Saylor pitched Microsoft on integrating Bitcoin into its financial strategy, claiming it could boost its market cap by nearly $5 trillion over a decade.
- Bitcoin’s Rising Value: Bitcoin’s value surged 120% in 2024, nearing $100,000, driving significant returns for Saylor’s MicroStrategy, which has seen its stock rise 465.5% this year.
- Strategic Vision: Saylor urged Microsoft to invest $100 billion annually in Bitcoin, suggesting it as a superior alternative to traditional financial strategies like stock buybacks.
Michael Saylor, executive chairman of MicroStrategy and prominent Bitcoin advocate, proposed an ambitious strategy to Microsoft’s board, suggesting the tech giant could add nearly $5 trillion to its market cap by embracing Bitcoin.
In a brief but intense presentation featuring 44 slides, Saylor advocated for Microsoft to reorient its financial strategy by converting cash flows, dividends, stock buybacks, and debt into Bitcoin.
He argued this would not only add hundreds of dollars to the stock price but also create trillions in enterprise value while mitigating shareholder risk.
Saylor estimated Microsoft’s stock price could rise by $584 per share over the next decade if it aggressively invested in Bitcoin, potentially boosting its market value from $3.18 trillion to $8 trillion.
This vision aligns with Bitcoin’s recent momentum, having surged 120% this year to approach $100,000.
MicroStrategy, which owns 386,700 BTC valued at $37.6 billion, has seen its own stock price soar 465.5% in 2024.
Saylor also noted increasing political and institutional support for Bitcoin, advocating a bold $100 billion annual investment strategy for Microsoft.
He framed Bitcoin as the next technological wave, urging Microsoft to lead the charge and adopt Bitcoin for long-term growth and societal benefit.