Author: Jesse Coghlan, CoinTelegraph; Compiler: Tao Zhu, Golden Finance
Saylor, chairman of MicroStrategy and optimistic about Bitcoin, told the Microsoft board of directors that if Microsoft fully invests in Bitcoin, the company's market value may increase by nearly 5% Trillions of dollars.
Saylor laid out this argument in 44 slides in a little over three minutes as he presented to Microsoft's board of directors why the tech giant should buy Bitcoin.
Saylor said in a video shared on December 1: "Microsoft cannot miss the next wave of technology, and Bitcoin is this wave." He urged Microsoft to combine cash flow, dividends, stocks Buybacks and converting debt into cryptocurrencies, adding:
“If you do that, your stock price increases by hundreds of dollars. You can create trillions of dollars in enterprise value. You can eliminate Risk to Shareholders ”
Saylor. In his financing note, he claimed that if Microsoft used all of its finances and debt, as well as all of its cash flow, dividend payments and stock repurchase funds, to purchase Bitcoin, Bitcoin could increase Microsoft's stock price by $584 over the next 10 years. ——Assume that by the end of 2034, 1 BTC will be worth $1.7 million.
Saylor’s slide claimed that this strategy could add $4.9 trillion to Microsoft’s value if it fully invested in Bitcoin. The company currently ranks third in the world with a market capitalization of $3.18 trillion, behind leaders Apple and Nvidia.
BTC has soared 120% so far this year (up about 40% in the past month alone), reaching nearly $100,000. Since 2020, Saylor’s MicroStrategy has purchased 386,700 BTC for a total of $21.9 billion and a value of nearly $37.6 billion, with the price of Bitcoin at $97,200.
MicroStrategy (MSTR) shares have surged 465.5% so far in 2024, along with the value of its Bitcoin holdings. Its shares peaked at $421.88 in November. According to Google Finance, on the 22nd, the index broke through the all-time high that had been maintained for a long time before the Internet bubble burst in early 2000.
Saylor claimed that public and support for Bitcoin "is surging" and that there is a "cryptocurrency renaissance," pointing to incoming President Donald Trump's pro-crypto statements and Bitcoin investment products launched by famous Wall Street companies.
Saylor believes Microsoft should invest $100 billion per year in Bitcoin, claiming that “it is cheaper to buy Bitcoin than to buy back its own stock or hold Bitcoin forIt doesn't make more sense to own bonds. ”
“What if you could acquire a $100 billion company growing faster than Microsoft for 1x revenue? What if you could do this every year? "
"Now is the time for Microsoft to evaluate its strategic options for Bitcoin," Thaler said. "So do the right thing for the world and adopt Bitcoin. ”