MicroStrategy co-founder Michael Saylor has been given a rare opportunity to present his company’s Bitcoin strategy to the top brass at Microsoft. He has only three minutes to convince the board of directors why Bitcoin should be on its shopping list.
Saylor believes a purchase would enhance Microsoft’s stability in quarterly revenues. He was invited to deliver a short piece on the company’s consideration of its buying of Bitcoin. Saylor offered reports that as much as an activist suggested Saylor should follow up on this.
The entrepreneur argues that an acquisition of Bitcoin would enable Microsoft to diversify its income streams, making the company more stable and resilient toward risk. He pointed out that, as it stood, Microsoft was evaluated at 98.5% regarding quarterly earnings and only 1.5% regarding tangible assets.
Saylor believes big corporations need to embrace Bitcoin acquisition discussions as they are needed on their agendas. He states that this could create monetary security for companies.
“It is a very good idea for every company to include this issue in their agenda. Companies like Berkshire Hathaway, Apple, Google, and Meta should at least consider it because they have a lot of cash and are reducing shareholder value,” said Saylor.
