MicroStrategy chair Michael Saylor pitched Microsoft on a bold Bitcoin strategy, claiming it could add $4.9 trillion to the company’s market cap. In a Dec. 1 video, Saylor presented a 44-slide deck in just over three minutes, urging the tech giant to allocate $100 billion annually from cash flows, dividends, stock buybacks, and debt to Bitcoin.
“Microsoft can’t afford to miss the next technology wave, and Bitcoin is that wave,” Saylor argued, predicting a $584 increase in Microsoft’s stock price over a decade if Bitcoin reaches $1.7 million by 2034.
Microsoft, currently valued at $3.18 trillion, is the third-largest company globally, behind Apple and Nvidia. Saylor claimed this strategy could make Bitcoin central to Microsoft’s future growth, stripping risk from shareholders and creating trillions in enterprise value.
Source: Cointelegraph