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 company’s corporate treasury by adding Bitcoin (BTC).
Moreover, Saylor’s proposal comes as his company’s 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 Microsoft’s chief executive officer Satya Nadella with a solution to maximize its shareholder’s profits. The Bitcoin maxi urged Nadella to consider adopting Bitcoin as one of the company’s 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, Saylor’s comment that the “next trillion dollars” underscores his conviction in BTC as a transformative asset for companies that adopt it.
MicroStrategy Outperforms Microsoft
Michael Saylor’s proposal comes as MicroStrategy’s 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.
MicroStrategy’s upsurge in recent years could be attributed to its aggressive Bitcoin buying strategy, which has earned the company the title of the world’s largest corporate Bitcoin holder. After shedding its tag as a software intelligence firm, MicroStrategy has now transitioned into a Bitcoin development company. The company’s 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 Microsoft’s 1,450% gains during the same timeframe—that’s probably the most suitable evidence of MicroStrategy and Saylor’s success.
Nonetheless, the potential for Microsoft, currently the third-largest company worldwide, to follow in MicroStrategy’s footsteps remains uncertain.
It remains to be seen whether Saylor’s message to Nadella will possibly influence the voting decision by Microsoft shareholders on Dec. 10.