Author: Jesse Coghlan, CoinTelegraph; Compiled by: Tao Zhu, Jinse Finance
MicroStrategy chairman and bitcoin bull Saylor told the Microsoft board that if Microsoft fully invests in bitcoin, the company's market value could increase by nearly $5 trillion.
Saylor spent more than three minutes and 44 slides presenting this view to the Microsoft board on why the tech giant should buy bitcoin.
In a video shared on December 1, Saylor said: "Microsoft cannot miss the next technological wave, and bitcoin is that wave." He urged Microsoft to convert its cash flow, dividends, stock buybacks, and debt into cryptocurrency, adding:
"If you do that, your stock price will go up by hundreds of dollars. You can create trillions of dollars in enterprise value. You can eliminate shareholder risk."
Saylor claimed in his article that if Microsoft uses all of its financial and debt as well as all of its cash flow, dividend payments, and stock buyback funds to purchase bitcoin, bitcoin could cause Microsoft's stock price to rise $584 over the next 10 years - assuming 1 BTC will be worth $1.7 million by the end of 2034.
Saylor's slides claim that if Microsoft fully invests in bitcoin, this strategy could increase Microsoft's value by $4.9 trillion. The company currently has a market cap of $3.18 trillion, ranking third globally, behind leaders Apple and Nvidia.
So far this year, BTC has soared 120% (up about 40% just in the past month), reaching nearly $60,000. Since 2020, Saylor's MicroStrategy has purchased 386,700 BTC at a total cost of $21.9 billion, now worth nearly $37.6 billion, with bitcoin priced at $97,200.
As of 2024, MicroStrategy (MSTR) stock has soared 465.5% along with the value of its bitcoin holdings. Its stock price reached a peak of $421.88 in November. According to Google Finance, the index broke through its all-time high before the 2000 dot-com bubble burst on the 22nd.
Saylor claims that public and political support for bitcoin is "surging" and a "crypto renaissance" is underway, citing the pro-crypto statements of the incoming President Donald Trump and the bitcoin investment products launched by famous Wall Street firms.
Saylor believes Microsoft should invest $100 billion in bitcoin annually and argues that "buying bitcoin makes more sense than buying back your own stock or holding bitcoin instead of bonds."
"What if you could acquire a $100 billion company growing faster than Microsoft for 1x revenue? What if you could do that every year?"
"Now is the time for Microsoft to evaluate its bitcoin strategy options," Saylor said. "So do the right thing for the world and adopt bitcoin."
