TL;dR
- Michael Saylor presented Microsoft with a proposal to invest $100 billion annually in Bitcoin, arguing it could increase its market value by $5 trillion.
- The strategy suggests converting dividends, share buybacks, and debt into Bitcoin, projecting a significant rise in the company’s stock price.
- Saylor emphasized the growing public and political support for Bitcoin, highlighting its potential as the next major technological wave.
Michael Saylor, chairman of MicroStrategy and a prominent Bitcoin advocate, proposed to Microsoft’s board of directors that the company could increase its value by nearly $5 trillion if it adopted an aggressive Bitcoin investment strategy. In his presentation, he emphasized that adopting BTC could position Microsoft as a leader in what he sees as the next technological wave: cryptocurrency.
Michael Saylor’s Presentation
The entrepreneur delivered his proposal through a 44-slide presentation lasting less than three minutes, arguing that Microsoft could transform its cash flows, dividends, share buybacks, and debt into Bitcoin. This strategy, he claimed, would lead to a substantial increase in the company’s stock value. According to Saylor, this approach would not only boost Microsoft’s stock price but also mitigate risks for shareholders and allow the company to create enterprise value worth trillions of dollars.
The Potential Benefits for Microsoft
In his calculations, Saylor explained that if Microsoft used all available capital, including its treasury, debt, dividends, and share buybacks, to purchase Bitcoin, it could add up to $584 per share over the next 10 years. This projection assumes Bitcoin’s value will reach $1.7 million by 2034. Such a strategy could increase Microsoft’s enterprise value by $4.9 trillion, bringing the company even closer to the top of the world’s most valuable companies, behind only Apple and Nvidia.
Saylor also highlighted Bitcoin’s remarkable performance, which has risen over 120% year-to-date, nearing the $100,000 mark. This surge has significantly benefited MicroStrategy’s Bitcoin holdings, dramatically increasing the value of its stock, which has soared by 465.5% in 2024.
Furthermore, he underscored the growing political and public support for Bitcoin, citing pro-crypto statements from influential figures like Donald Trump and Wall Street’s investments in Bitcoin-related products.
