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Cryptopolitan 2024-12-02 10:30:21

Michael Saylor urges Microsoft to embrace BTC, predicting a $280T market cap by 2045

In a 44-slide presentation, MicroStrategy co-founder Michael Saylor called for Microsoft’s board of directors to abandon their conventional financial reliance on treasury bonds, buybacks, and dividends and instead embrace Bitcoin. Bitcoin enthusiast Michael Saylor pitched Bitcoin as a “choice of progression” to Microsoft’s board of directors in a presentation that went a little over 3 minutes. He claimed that BTC could achieve a market cap of $280 trillion by 2045. Michael Saylor calls for Microsoft to convert its bonds and dividends to Bitcoin He called for Microsoft to convert their bonds and buybacks to Bitcoin, arguing that the traditional investments only amplify the company’s risk factors. According to Saylor, investing in BTC eliminates counterparty risk from competitors, countries, corporations, creditors, cultures, or currencies. He projected that if the tech mogul redirected all treasury funds, debt, cash flows, dividends, and share buyback allocations into BTC, its share price could spike to $584 within the next decade, assuming the coin’s value reaches $1.7 million per coin by the end of 2034. Saylor also proposed that Microsoft invest $100 billion annually in the asset, claiming it’s more practical for the company to purchase BTC instead of repurchasing stock and holding bonds. He said: “What if you could buy a $100 billion company growing faster than Microsoft for one-time revenue? What if you could keep doing it every single year?” – Michael Saylor Moreover, he believes Microsoft could see increments between $1 trillion and $4.9 trillion in shareholder value via Bitcoin by 2034. Saylor argues that support for Bitcoin is growing, asking Microsoft to jump on the train In his YouTube video on Dec 1, Saylor also argued that BTC’s public and political support is incredibly rising, citing examples of notable political heads who expressed pro-crypto sentiments, including President-elect Donald Trump. Saylor also commented on how Wall Street support for BTC is growing, as firms like Blackrock heavily invest in and advocate for the asset. He has called on Microsoft to assess its Bitcoin investment strategy and do the “right thing for the world and adopt Bitcoin”. Still, market analysts believe Microsoft’s BTC investment decision will rely partially on institutional shareholders like Vanguard, BlackRock, and State Street. From Zero to Web3 Pro: Your 90-Day Career Launch Plan

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