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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 companyâs corporate treasury by adding Bitcoin (BTC).
Moreover, Saylorâs proposal comes as his companyâs 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 Microsoftâs chief executive officer Satya Nadella with a solution to maximize its shareholderâs profits. The Bitcoin maxi urged Nadella to consider adopting Bitcoin as one of the companyâs investments. He told the Microsoft boss that if he wants to âmake the next trillion dollars for $MSFT shareholders, call me.â
Hey @SatyaNadella, if you want to make the next trillion dollars for $MSFT shareholders, call me. pic.twitter.com/NPnVvL7Wmj
â Michael Saylor(@saylor) October 25, 2024
From his post, the MicroStrategy Executive Chairman suggests that Microsoft could dramatically increase its valuation by embracing the top cryptocurrency. In particular, Saylorâs comment that the ânext trillion dollarsâ underscores his conviction in BTC as a transformative asset for companies that adopt it.
MicroStrategy Outperforms Microsoft
Michael Saylorâs proposal comes as MicroStrategyâs 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.
MicroStrategyâs upsurge in recent years could be attributed to its aggressive Bitcoin buying strategy, which has earned the company the title of the worldâs largest corporate Bitcoin holder. After shedding its tag as a software intelligence firm, MicroStrategy has now transitioned into a Bitcoin development company. The companyâs 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 Microsoftâs 1,450% gains during the same timeframeâthatâs probably the most suitable evidence of MicroStrategy and Saylorâs success.
Nonetheless, the potential for Microsoft, currently the third-largest company worldwide, to follow in MicroStrategyâs footsteps remains uncertain.
It remains to be seen whether Saylorâs message to Nadella will possibly influence the voting decision by Microsoft shareholders on Dec. 10.