Important takeaways
- Michael Saylor will present a Bitcoin investment strategy to Microsoft’s board of directors.
- The board has previously claimed that Microsoft is already evaluating various assets, including Bitcoin, and that their current focus is on stability and minimizing risk.
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) – which urged Microsoft to consider Bitcoin investments.
“The activist who put that proposal together approached me to present to the board, and I agreed to give a three-minute presentation,” the MicroStrategy co-founder said during a X Spaces event hosted by VanEck. “I will present it to the board.”
Saylor has publicly encouraged Microsoft to consider adding Bitcoin to its treasury. He believes it could make “the next trillion dollars” for Microsoft shareholders.
Companies like Berkshire Hathaway, Apple, Google and Meta (formerly Facebook) should be discussing and evaluating Bitcoin as a potential investment, Saylor suggested, “because they all have huge hoards of cash, and they all burn 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 such as Vanguard Group, BlackRock, State Street and Fidelity Management & Research.
Vanguard, a noted crypto-skeptic, has also invested in MicroStrategy’s stock ( MSTR ), as well as shares in other crypto companies such as Coinbase and MARA Holdings. As of September 30, the asset management giant reported holds approximately 16 million MSTR shares.
MicroStrategy’s Bitcoin Strategy has led to huge share prices, outperforming Microsoft’s ( MSFT ) stock.
According to data from Yahoo Finance MicroStrategy’s stock jumped to a new record high at the close on Tuesday. It has soared 581% so far this year, while Microsoft stock has seen about 12% gains over the same time frame.
NCPPR previously used MicroStrategy’s Bitcoin strategy to convince Microsoft leadership about Bitcoin buying tactics. They noted that the company’s share price had surpassed Microsoft’s.
Microsoft’s board initially recommended voting against the proposal, saying it was already “evaluating a wide range of investable assets,” including Bitcoin. Although there is interest from some shareholders, Microsoft’s top priority is artificial intelligence.
However, Ethan Peck, deputy director of the NCPPR’s Free Enterprise Project, cautioned that the assessment could trigger a shareholder meeting if they decide not to invest in Bitcoin and the value of the asset subsequently rises.
