
Michael Saylor urges Microsoft to add Bitcoin to boost stability and reduce volatility.
MicroStrategyโs Bitcoin investment outperformed Microsoftโs stock by 300%.
Saylor calls Bitcoin a safe asset amid inflation and global uncertainty for corporate reserves.
Michael Saylor, the Chairman of MicroStrategy and one of Bitcoinโs most outspoken advocates, is about to make a bold move. Heโs preparing for a crucial three-minute pitch to Microsoftโs board of directors, where heโll make the case for why the tech giant should consider adding Bitcoin to its investment strategy.
With Bitcoin approaching its all-time high (ATH) and eyeing the $100k mark, this could be a game-changing moment for both Microsoft and the broader business world.
Letโs take a closer look at why Saylor believes Bitcoin could be exactly what Microsoft needs.
Could Bitcoin Be the Ultimate Solution?
Saylorโs push to get Microsoft to invest in Bitcoin is about more than just supporting digital currency. He believes Bitcoin could help stabilize Microsoftโs stock. By adding Bitcoin to its balance sheet, Saylor argues that Microsoft could reduce stock volatility and improve long-term financial stabilityโespecially given its large cash reserves.
He sees Bitcoin as a proven store of value that could be beneficial for big companies like Microsoft.
In a recent interview at a VanEck X Spaces event, Saylor shared that an activist group backing the Bitcoin proposal had reached out to him.
They urged him to present directly to Microsoftโs board. With just one chance to make his case, Saylor is focused on delivering a short yet impactful pitch.
A Missed Opportunity?
Saylor also tried to meet with Microsoft CEO Satya Nadella privately to discuss the benefits of Bitcoin investment, but his offer was declined. Now, his upcoming presentation is his primary opportunity to make a case for Bitcoin.
The proposal will be voted on by Microsoftโs shareholders on December 10, with backing from the National Center for Public Policy Research (NCPPR). The NCPPR highlights how MicroStrategyโs Bitcoin investment has outperformed Microsoftโs stock by over 300% this year alone.
Saylor believes other major companies like Apple, Berkshire Hathaway, and Google are missing out by not adding Bitcoin to their portfolios.
Bitcoin Price Eyes New ATH
More companies are beginning to realize Bitcoinโs value as a reserve asset. MicroStrategy, for example, holds over $4 billion in Bitcoin and continues to add to its reserves.
With rising inflation and global economic uncertainty, Saylor argues that Bitcoin offers a solid option for companies wanting to protect and grow their value.
Bitcoin is currently trading around $92,843, with a market cap of $1.84 trillion. Many in the crypto community believe Bitcoin is poised to break its ATH and keep climbing.
For Saylor, the timing couldnโt be better to present his case to Microsoft, especially with Bitcoin showing such strong momentum.