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BitcoinSistemi 2024-12-02 13:35:09

MicroStrategy CEO Michael Saylor's Investment Advice for Tech Giant: 'Buy Bitcoin!'

MicroStrategy co-founder Michael Saylor has made a bold statement to Microsoft’s board, suggesting that the tech giant adopt Bitcoin as its primary asset. Michael Saylor Urges Microsoft to Invest in Bitcoin: “The Best Asset You Can Have” Addressing Microsoft CEO Satya Nadella and the company's board of directors, Saylor argued that Bitcoin represents “the greatest digital transformation of the 21st century.” In a three-minute presentation shared online, Saylor highlighted Bitcoin's potential to reshape corporate finance and increase Microsoft's enterprise value. “Microsoft can’t afford to miss the next wave of technology, and that wave is Bitcoin,” Saylor said. “It makes sense for Microsoft to buy and hold Bitcoin rather than buy back stocks or hold bonds.” Saylor criticized Microsoft’s financial strategy of returning capital to shareholders through dividends and buybacks, arguing that such moves increase risks for shareholders. Instead, he recommended Bitcoin as a superior alternative without counterparty risk. Saylor claimed that if Microsoft converted its cash flows, dividends, buybacks, and debt into Bitcoin, the company's stock price could increase by $584 per share, adding $4.9 trillion to its enterprise value by 2034. Microsoft shares closed at $423.46 on Friday, up 0.11% on the day and 3.67% over the past month, according to Google Finance. MicroStrategy's Bitcoin Strategy MicroStrategy, under Saylor’s leadership, has been a pioneer in institutional Bitcoin adoption. Since it began accumulating in 2020, the company has amassed 386,700 BTC, worth over $37.7 billion at current prices. The firm’s aggressive Bitcoin strategy has paid off, with shares up 465% year to date. Saylor's recent presentation to Microsoft underscores his belief that Bitcoin is a transformative asset for large companies. While Microsoft has not publicly commented on Saylor's recommendation, the proposal highlights Bitcoin's growing influence in corporate strategy discussions. *This is not investment advice. Continue Reading: MicroStrategy CEO Michael Saylor's Investment Advice for Tech Giant: 'Buy Bitcoin!'

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