Bitcoin Permabull Michael Saylor Pitches Next Trillion Dollars Opportunity For Microsoft As MicroStrategys BTC Bet Pays Off Handsomely
MicroStrategy co-founder Michael Saylor has jumped in with an offer as tech stalwart Microsoft is set to vote on a major proposal to diversify the companys corporate treasury by adding Bitcoin (BTC).
Moreover, Saylors proposal comes as his companys big gamble on the benchmark crypto is paying off.
Microsoft Can Make Next Trillion Dollars By Investing In Bitcoin: Saylor
In an Oct. 25 post on X, Saylor directly addressed Microsofts chief executive officer Satya Nadella with a solution to maximize its shareholders profits. The Bitcoin maxi urged Nadella to consider adopting Bitcoin as one of the companys investments. He told the Microsoft boss that if he wants to make the next trillion dollars for $MSFT shareholders, call me.
From his post, the MicroStrategy Executive Chairman suggests that Microsoft could dramatically increase its valuation by embracing the top cryptocurrency. In particular, Saylors comment that the next trillion dollars underscores his conviction in BTC as a transformative asset for companies that adopt it.
MicroStrategy Outperforms Microsoft
Michael Saylors proposal comes as MicroStrategys stock skyrockets to a new all-time high, reflecting intensified investor enthusiasm. Microstrategy reached just above $245 on Oct. 25, touching its highest level since the dot-com bubble 25 years ago and outshining Microsoft in the process.
MicroStrategys upsurge in recent years could be attributed to its aggressive Bitcoin buying strategy, which has earned the company the title of the worlds largest corporate Bitcoin holder. After shedding its tag as a software intelligence firm, MicroStrategy has now transitioned into a Bitcoin development company. The companys stockpile of 252,220 BTC is currently worth $17 billion, representing roughly 1.2% of all the Bitcoin that will ever be minted.
The Saylor-helmed company has grown over 1,500% since 1999, compared to Microsofts 1,450% gains during the same timeframethats probably the most suitable evidence of MicroStrategy and Saylors success.
Nonetheless, the potential for Microsoft, currently the third-largest company worldwide, to follow in MicroStrategys footsteps remains uncertain.
It remains to be seen whether Saylors message to Nadella will possibly influence the voting decision by Microsoft shareholders on Dec. 10.
Text source: ZyCrypto
