Michael Saylor promised Microsoft’s board of executives to present Bitcoin advantages for the company in just 3 minutes, and he did.
Executive Chairman of MicroStrategy, Michael Saylor, presented Bitcoin strategic reserve for Microsoft (MSFT) boards on Dec. 01 as he promised earlier. He highlighted that Bitcoin is a transformation of digital capital, and they need to adopt Bitcoin as part of their balance sheet in the next few years.
Bitcoin is projected to be one of the biggest assets in the world and account for $280 trillion of global wealth, which exceeds gold and art by the next 20 years with $45 trillion and $110 trillion, respectively.
Saylor also noted that Microsoft clearly needed to be powered by digital capital as the price movement of Bitcoin outperformed Microsoft shares by 12 times annually. MicroStrategy (MSTR) shares also jumped to 3,045% after acquiring Bitcoin in the past few years, while MSFT only performed 103%.
“Bitcoin is the best asset that you can own. The number’s speaks for themselves. It is make alot more sense to buy Bitcoin than buy your own stock back, or to hold Bitcoin rather than holding bonds. If you wanted to outperform you gotta need Bitcoin,” Saylor mention on his presentation posted on YouTube.
Political and market support, which is represented by Trump’s administration and Bitcoin ETF’s products in the stock market, will also make Bitcoin massively adopted in the next few years, so Microsoft has, too.
Michael Saylor gives a choices
Saylor gives the board of Microsoft a choice: cling to the past with the conventional financial strategy, which is slow to grow and increases investor risk, or innovate that strategy by embracing the future of Bitcoin with accelerated growth.
He also offers Bitcoin24 to the boards, which customizes Bitcoin products for corporations, and forecasts Microsoft shares would rise up to $584 from the recent share price.
The company’s market capitalization is also going to surge between $1 trillion and $4.9 trillion per share if it implements Bitcoin’s strategic reserve.
While the value created by the adoption of Bitcoin, Microsoft shares risk is projected to decline from 95% to 59%, and annual recurring revenue is projected to increase from 10.4% to 15.8%.
