Michael Saylor Pitches Bitcoin Adoption to $3.2T Tech Giant Microsoft
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Michael Saylor, the executive chairman of MicroStrategy, has pitched Bitcoin adoption to the $3.2 trillion tech giant Microsoft. In a recent presentation to Microsoft’s board of directors, Saylor emphasized that Bitcoin represents the next technological wave that Microsoft cannot afford to miss. According to Saylor, Bitcoin has the potential to redefine capital preservation and enhance productivity, making it a crucial asset for the company’s future. My 3-minute presentation to the $MSFT Board of Directors and @SatyaNadella, articulating why the company should do the right thing and adopt #Bitcoin. pic.twitter.com/aHp91V9Slz — Michael Saylor⚡️ (@saylor) December 1, 2024 This development comes as MicroStrategy continues to solidify its position as a Bitcoin treasury company. Saylor’s Vision for Microsoft and Bitcoin Integration In the presentation, Saylor underscored Bitcoin’s potential for Microsoft, highlighting it as the “greatest digital transformation of the 21st century.” He described Bitcoin as a superior form of digital capital, noting its ability to mitigate risks associated with traditional capital. He cited that investors are increasingly turning to Bitcoin as a hedge against inflation and economic volatility, positioning the asset class for exponential growth from trillions to hundreds of trillions of dollars. He further suggested that adopting Bitcoin could enhance Microsoft’s growth trajectory, offering an alternative to conventional financial strategies such as stock buybacks and bond holdings. According to Saylor, Bitcoin’s integration could provide significant returns, bolster shareholder confidence, and reduce counterparty risks. This perspective aligns with the growing public and institutional support for Bitcoin, including endorsements from Wall Street and increasing political backing. The presentation concludes with a message encouraging Microsoft to adopt Bitcoin for the benefit of the world. MicroStrategy’s Bitcoin Treasury Operations MicroStrategy has long been committed to Bitcoin and has incorporated it into its treasury operations. The company currently holds 402,100 BTC, worth $23.4 billion at an average…
Filed under: News - @ December 2, 2024 7:22 pm