The post Michael Saylor Urges Microsoft To Consider Bitcoin As Path To Next Trillion-Dollar Growth appeared on BitcoinEthereumNews.com.

Following Microsoft’s recent proposal to shareholders to consider investing in Bitcoin, Michael Saylor, co-founder of MicroStrategy and a prominent BTC advocate, publicly encouraged Microsoft CEO Satya Nadella to embrace the largest cryptocurrency as a means to future growth.  MicroStrategy’s Stock Surges To 25-Year High In a post on social media platform X (formerly Twitter), Saylor stated, “If you want to make the next trillion dollars for the Microsoft shareholders, call me,” emphasizing the financial potential of BTC investments. Saylor’s company, MicroStrategy, has made headlines for its aggressive Bitcoin acquisition strategy over the past four years, significantly boosting its stock price.  On Friday, MicroStrategy’s shares hit a 25-year high of $245, reflecting a substantial stock rally driven specifically by BTC holdings strategy approach.  Even Microsoft’s report on its assessment of investing in BTC pointed out that MicroStrategy’s stock has outperformed the company’s by an impressive 313% this year despite only doing a fraction of the business.  The daily chart shows MSTR’s stock value rally. Source: MSTR on TradingView.com In its report, Microsoft noted the success of MicroStrategy’s investment approach, highlighting that its stock has seen substantial gains thanks to its BTC holdings.  Interestingly, some analysts speculate that Microsoft’s new focus on BTC investment might be influenced by its second-largest shareholder company, BlackRock, which has recently entered the crypto market with the approval of their spot Bitcoin and Ethereum exchange-traded funds in January and July of this year respectively.   A Leading Bitcoin Merchant Bank? Saylor has ambitious plans for MicroStrategy, including establishing the company as a leading Bitcoin or “merchant bank” capable of creating various BTC capital market instruments, such as stocks, convertibles and fixed income products.  As previously reported by Bitcoinist, Saylor envisions a future where MicroStrategy holds $100 billion to $150 billion in Bitcoin through these financial structures.  MicroStrategy owns…

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Filed under: News - @ October 27, 2024 5:32 am