MicroStrategy Executive Chairman Michael Saylor is set to propose a Bitcoin (BTC) investment strategy to the board of Microsoft, potentially influencing the tech giant’s stance on the world’s largest cryptocurrency. Known for his Bitcoin advocacy, Saylor will deliver a concise three-minute presentation to the 12-member board, aiming to address their skepticism about holding BTC on Microsoft’s balance sheet.
A Bold Move for Bitcoin Adoption
Saylor disclosed this opportunity during an X Spaces session hosted by VanEck, featuring U.S. Senator Cynthia Lummis. The initiative was triggered by an activist’s proposal urging Microsoft to explore Bitcoin investments. While the board previously opposed a shareholder request to diversify into BTC, stating that it was already under consideration, this presentation could provide new insights.
“I’m going to provide a three-minute presentation—that’s all you’re allowed—and I’ll send it to the board of directors,” Saylor stated.
Despite a prior rejection of his request for a private hour-long discussion with Microsoft CEO Satya Nadella, Saylor remains committed to championing Bitcoin as a strategic investment for tech firms.
MicroStrategy’s Bitcoin Success Inspires Action
MicroStrategy’s BTC acquisition strategy has significantly boosted its stock price and earned it acclaim within the cryptocurrency community. Saylor argues that other cash-rich companies, such as Apple, Google, and Meta, should consider adopting a similar approach.
“It ought to be on the agenda of every company with large cash reserves. They’re burning shareholder value while Bitcoin provides a clear path to preserving and growing it,” Saylor said during the session.
Microsoft’s Stance on Bitcoin
Microsoft’s board has resisted previous Bitcoin-related proposals, urging shareholders to vote against them. However, the upcoming shareholder vote on December 10 could be pivotal. Saylor’s presentation, to be made public online, aims to influence decision-makers by demonstrating Bitcoin’s potential as a treasury asset.
MicroStrategy Leads the Way
MicroStrategy continues to lead corporate Bitcoin adoption, holding a staggering 331,200 BTC valued at over $30 billion. Just this week, the company added 51,780 BTC worth $4.6 billion, surpassing even the U.S. government’s Bitcoin holdings of 212,000 BTC. Globally, only BlackRock’s spot Bitcoin ETF holds more.
Saylor’s efforts may pave the way for broader Bitcoin adoption among major corporations, with Microsoft being a potential game-changer for the cryptocurrency’s acceptance in mainstream finance.
