Michael Saylor presents Bitcoin vision to Microsoft board

Michael Saylor got a chance to convince the Microsoft board why they should invest in Bitcoin. A vote on a possible Bitcoin investment will be held in December.

The MicroStrategy founder presented his bullish view of Bitcoin during a virtual meeting with the Microsoft board. In just over three minutes, Saylor guided them through 44 slides.

The MicroStrategy chairman suggested that Microsoft could increase its market capitalization by as much as €4.9 trillion by investing cash flows, dividend payments, share repurchases and debt in Bitcoin. Saylor suggested that Microsoft should invest €100 billion annually in Bitcoin.

"Microsoft cannot afford to miss the next technological wave, and Bitcoin is that wave," Saylor emphasized in his presentation. On Dec. 10, shareholders will vote on a possible investment in Bitcoin.

MicroStrategy's impressive performance

Since 2020, MicroStrategy has bought 386,700 BTC for a total of about €21.9 billion. The company's shares (MSTR) have risen more than 400% this year, surpassing even Bitcoin itself.

On November 22, the stock peaked at €421.88, even breaking the record set by the dotcom bubble in 2000. Last week, however, the price corrected temporarily to €347, but currently the stock is back above €387. Saylor already announced a new Bitcoin purchase on X.

Bitcoin and the broader market

Bitcoin remains stable for now this week, while XRP continues its rally. The Ripple coin has overtaken Solana and Tether in terms of market capitalization and appears to be on its way to its old record.

Microsoft, led by CEO Satya Nadella, currently has a market capitalization of more than €3.15 trillion, making it the third most valuable company in the world, behind Apple and Nvidia.