Michael Saylor tells Microsoft it’s value could soar $5T with Bitcoin
MicroStrategy’s Michael Saylor gave Microsoft a three-minute, 44-slide pitch on why it should spend $100 billion a year to buy Bitcoin.
MicroStrategy chair and Bitcoin bull Michael Saylor told Microsoft’s board of directors that the firm could add nearly $5 trillion to its market cap if it were to go all-in on Bitcoin.
Saylor made the point during a pitch to Microsoft’s board on why the tech giant should buy Bitcoin, whipping through 44 slides in a little over three minutes.
“Microsoft can’t afford to miss the next technology wave, and Bitcoin is that wave,” Saylor said to open his pitch in a video shared on Dec. 1, which urged Microsoft to convert its cash flows, dividend payouts, stock buybacks and debt into the cryptocurrency, adding:
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Author: Jesse Coghlan