Michael Saylor, the CEO of MicroStrategy, has made a pitch to Microsoft’s board, claiming that the company could add $5 trillion to its market value if it fully embraces Bitcoin
$96,501.56
as part of its financial strategy.
On December 1, Saylor walked the board through 44 slides in just over three minutes. His main message: Microsoft should redirect its cash flows, dividends, stock buybacks, and debt into Bitcoin.
Bitcoin’s recent performance added weight to Saylor’s argument. The cryptocurrency has surged 120% in 2024 alone, climbing nearly 40% over the past month to approach $100,000.
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“Microsoft can’t afford to miss the next technology wave, and Bitcoin is that wave”, Saylor said, opening his pitch. He argued that this decision could add hundreds of dollars to Microsoft’s stock price, increase enterprise value, and protect shareholders from potential financial risks.
Saylor’s proposal suggested that the company’s stock could rise by as much as $584 per share over the next ten years. His prediction assumes Bitcoin could hit $1.7 million by 2034—a figure he views as achievable given Bitcoin’s growth.
Additionally, he estimated it could boost the company’s market capitalization from $3.18 trillion to $8.1 trillion.
As part of his proposal, Saylor suggested Microsoft invest $100 billion into Bitcoin annually, calling it a smarter use of funds than stock buybacks or holding bonds. He said:
What if you could buy a $100 billion company growing faster than Microsoft for 1 times revenue? What if you could keep doing it every single year?
Saylor’s confidence in Bitcoin is undeniable, but bold strategies come with their risks. MicroStrategy itself faced a shocking financial blow recently, losing $30 billion in just four days. What went wrong? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.