Microsoft

Michael Saylor says Microsoft can make “next trillion dollars” by investing in Bitcoin

Key Takeaways Microsoft shareholders to vote on Bitcoin proposal as Michael Saylor pitches trillion-dollar opportunity. Microsoft board pushes back on Bitcoin investment proposal, urging shareholders to vote against it Share this article Michael Saylor, CEO of MicroStrategy, earlier today directed a post on X to Microsoft CEO Satya Nadella, suggesting that if Microsoft wants to

Published 4 months ago in
Michael Saylor says Microsoft can make “next trillion dollars” by investing in Bitcoin

Key Takeaways

  • Microsoft shareholders to vote on Bitcoin proposal as Michael Saylor pitches trillion-dollar opportunity.
  • Microsoft board pushes back on Bitcoin investment proposal, urging shareholders to vote against it

Share this article

Michael Saylor, CEO of MicroStrategy, earlier today directed a post on X to Microsoft CEO Satya Nadella, suggesting that if Microsoft wants to add another trillion dollars in value for its shareholders, it should consider adding Bitcoin to its treasury.

Saylor’s comment follows Microsoft’s latest SEC filing, which outlines a shareholder proposal titled “Assessment of Investing in Bitcoin” set to be voted on during the company’s annual meeting in December.

Building on recent performance, MicroStrategy’s Bitcoin-heavy portfolio has led its stock to outperform Microsoft’s by 313% this year, despite the company’s relatively smaller scale in the tech industry.

Microsoft acknowledged this in their report, noting the significant gains some companies have made by holding Bitcoin.

Although they acknowledge Bitcoin’s recent outperformance, Microsoft’s board has advocated that shareholders vote against this proposal.

Microsoft voting form advising against Bitcoin proposal

In the filing, the board stated that conducting a Bitcoin investment assessment was unnecessary, emphasizing that Microsoft’s management “already carefully considers this topic.”

The board emphasized that Microsoft’s Global Treasury and Investment Services team regularly evaluates diverse assets, focusing on maintaining liquidity and minimizing economic risk while ensuring long-term shareholder gains.

While Microsoft acknowledges that Bitcoin has been considered in past assessments, its portfolio is currently dominated by US government securities and corporate bonds—a strategy aimed at stability and steady returns.

Microsoft’s caution aligns with the volatility associated with Bitcoin, a point they highlighted in the filing. They noted that assets for corporate treasury applications should be predictable and stable to support operations effectively.

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Microsoft

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Michael Saylor to present Bitcoin investment strategy to Microsoft’s board

Key Takeaways Michael Saylor will present a Bitcoin investment strategy to Microsoft’s board. The board previously argued that Microsoft already evaluates various assets, including Bitcoin, and that their current focus is on stability and minimizing risk. Share this article

Published 1 month ago in
Michael Saylor to present Bitcoin investment strategy to Microsoft’s board

Key Takeaways

  • Michael Saylor will present a Bitcoin investment strategy to Microsoft’s board.
  • The board previously argued that Microsoft already evaluates various assets, including Bitcoin, and that their current focus is on stability and minimizing risk.

Share this article

Michael Saylor will share his insights on Bitcoin investment strategies in a three-minute presentation to Microsoft’s board of directors, following a proposal from the National Center for Public Policy Research (NCPPR)—who urged Microsoft to consider Bitcoin investment.

“The activist that put that proposal together contacted me to present to the board, and I agreed to provide a three-minute presentation,” said MicroStrategy co-founder during an X Spaces event hosted by VanEck. “I’m going to present it to the board of directors.”

Saylor has publicly encouraged Microsoft to consider adding Bitcoin to its treasury. He believes it can make “the next trillion dollars” for Microsoft shareholders.

Companies like Berkshire Hathaway, Apple, Google, and Meta (formerly Facebook) should discuss and evaluate Bitcoin as a potential investment, Saylor suggested, “because they all have huge hordes of cash, and they’re all burning shareholder value.”

Microsoft shareholders are scheduled to vote on a proposal to consider adding Bitcoin to its balance sheet on December 10. Top shareholders include major financial institutions like Vanguard Group, BlackRock, State Street, and Fidelity Management & Research.

Vanguard, a known crypto skeptic, has also invested in MicroStrategy’s stock (MSTR), as well as shares of other crypto firms like Coinbase and MARA Holdings. As of September 30, the asset management giant reported holding approximately 16 million MSTR shares.

MicroStrategy’s Bitcoin strategy has led to huge stock price appreciation, outperforming Microsoft’s stock (MSFT) performance.

According to data from Yahoo Finance, MicroStrategy’s stock jumped to a fresh record high at market close on Tuesday. It has skyrocketed 581% so far this year, while Microsoft’s stock has seen around 12% gains over the same timeframe.

The NCPPR previously used MicroStrategy’s Bitcoin strategy to persuade Microsoft leadership about Bitcoin buying tactics. They noted that the company’s share price had outperformed Microsoft’s.

Microsoft’s board initially recommended voting against the proposal, stating they already “evaluate a wide range of investable assets,” including Bitcoin. While there is interest from certain shareholders, Microsoft’s top priority is artificial intelligence.

However, Ethan Peck, deputy director of the NCPPR’s Free Enterprise Project, warned that the assessment could trigger a shareholder lawsuit if they decide not to invest in Bitcoin and the asset’s value subsequently rises.

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Microsoft clinging to cash while rejecting Bitcoin’s proven value boost makes zero sense – quit wasting reserves and buy BTC now…

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