Bitcoin As A Strategic Asset: Saylor Defends His Idea At Microsoft

Long-time defender of Bitcoin, Michael Saylor is preparing a bold three-minute presentation for the Microsoft board. His goal: to prove that this digital asset could stabilize and strengthen the company’s value. The details below!

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— VanEck (@vaneck_us) November 8, 2024

Why is Michael Saylor betting on Bitcoin?

During a discussion on X Spaces, Saylor announced that he would propose a detailed assessment of the benefits of Bitcoin as a strategic asset. According to him, Microsoft could indeed benefit from a strategy similar to that of MicroStrategy with its vast cash reserves. Let’s remember that MicroStrategy’s MSTR stock has outperformed Microsoft’s by over 300% this year.

Saylor argues that 98.5% of Microsoft’s value relies on its quarterly earnings. By adding digital assets like Bitcoin, he claims that the company would become more stable and less risky.

The Microsoft board skeptical but open

Supported by the National Center for Public Policy Research (NCPPR), the vote on this proposal will take place on December 10. However, the board is already recommending a vote against, arguing that it is evaluating a wide range of investable assets, including BTC.

Despite this skepticism, Saylor believes in the importance of addressing this issue. If Microsoft indeed decided to support this proposal, it could redefine the position of Bitcoin in large tech companies. With increasing adoption of crypto assets, this vote will be closely watched by investors.

Bitcoin: an opportunity or a risk for Microsoft?

One of the main challenges for Bitcoin is its volatility, which could worry some traditional investors. However, Saylor emphasizes that its adoption as a strategic asset reserve can reduce long-term risks.

With a market capitalization of over $2.3 trillion, Microsoft could send a strong signal to the entire crypto market if it chooses to integrate Bitcoin. Such a decision could even prompt other tech giants to follow suit.

As Microsoft prepares to vote on investing in Bitcoin, this decision could mark a major strategic turning point for the company. A development to watch closely in the cryptocurrency world!