Michael Saylor to Deliver 3-Minute Presentation to Microsoft Board on Bitcoin Strategy
Michael Saylor, chairman of MicroStrategy and a prominent Bitcoin advocate, will deliver a brief but impactful speech to Microsoft’s board of directors. The upcoming three-minute presentation will focus on why Microsoft should consider adding Bitcoin to its investment strategy. This comes as Bitcoin approaches its ATH, Goal reaches $100,000 soon.
Saylor’s 3-minute speech
Thaler’s push for Microsoft to invest in Bitcoin wasn’t just about advocating for the digital currency. he Believe in Bitcoin could provide Microsoft with real assets that could help stabilize its stock.
Thaler said adding Bitcoin to Microsoft’s balance sheet could reduce volatility and improve long-term stability. He believes that Bitcoin has proven to be a store of value that will benefit companies such as Microsoft, especially those with large cash reserves.
In an interview during a recent VanEck X Spaces event, Saylor confirmed that he was contacted by an activist who supports Microsoft’s Bitcoin proposal. In response, he agreed to give a three-minute speech to company board members.
Seiler explained that this would be his only opportunity to present, so he focused on getting his message across in a short and powerful way.
Missed opportunity?
Thaler also attempted to get his message directly to Microsoft CEO Satya Nadella, offering to meet privately and discuss the benefits of investing in Bitcoin. This offer was rejected, however, and now Thaler’s upcoming lecture is his main opportunity to make his point.
The proposal will be put to a shareholder vote on December 10 and is supported by the National Center for Public Policy Research (NCPPR). NCPPR highlighted Bitcoin Investing with MicroStrategyThis year alone, the company’s stock price has outperformed Microsoft’s by more than 300%.
Thaler believes other large companies such as Apple, Berkshire Hathaway and Google are also missing out by not investing in Bitcoin.
Bitcoin Price Eyes New ATH
The proposal and Thaler’s speech come as more companies are starting to see the value of holding Bitcoin as a reserve asset. MicroStrategy, for example, holds over $4 billion in Bitcoin and continues to add to its reserves.
Thaler believes that as inflation and global uncertainty increase, Bitcoin provides a safe and secure asset for companies seeking to protect their value.
As of now, BTC is trading Approximately $92,843 Reflecting an increase in market capitalization of $1.84 trillion. Meanwhile, many in the cryptocurrency space now believe that Bitcoin will reach a new ATH soon.