MicroStrategy founder to pitch Bitcoin investment plan to Microsoft, Microsoft board to decide on 12/10

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MicroStrategy founder to pitch Bitcoin investment plan to Microsoft, Microsoft board to decide on 12/10

Bitcoin advocate and MicroStrategy founder Michael Saylor will deliver a brief three-minute presentation to the Microsoft board, advocating for the company to consider investing in Bitcoin. Saylor confirmed his participation in the discussion during the X Spaces event hosted by VanEck on November 19. The event.

Michael Saylor Suggests Microsoft Leadership to Invest in Bitcoin

Saylor revealed that an activist group invited him to submit this proposal, and despite the time constraints, he accepted the opportunity. He stated, "I agreed to do a three-minute presentation, which is a requirement, and I will present my proposal to the board." Previously, Saylor had sought a private meeting with Microsoft CEO Satya Nadella to discuss the matter, but the proposal was rejected. He added, "So you will see me preparing this three-minute proposal for Microsoft, and then we will present it to the board."

Microsoft Considers Shareholder Proposal: Should They Invest in Bitcoin

In October, Microsoft announced that one of the voting items for December is to evaluate whether the company should invest in Bitcoin. The proposal was initiated by the National Center for Public Policy Research (NCPPR), referencing MicroStrategy's Bitcoin strategy as a benchmark. NCPPR pointed out that although MicroStrategy operates on a much smaller scale than Microsoft, its stock price performance has surpassed Microsoft's by over 300% in 2023. The shareholder vote on this proposal is scheduled for December 10.

MicroStrategy's Macro Vision: Bitcoin Bringing Corporate Stability

Saylor believes that every large corporation, including Apple, Google, Meta, and Berkshire Hathaway, should consider including Bitcoin investments in their agendas. He emphasized that these cash-rich companies could potentially harm shareholder value if they do not diversify their assets.

According to Saylor's analysis, 98.5% of Microsoft's enterprise value comes from quarterly earnings, with only 1.5% coming from tangible assets. He suggested that Bitcoin could provide a more stable foundation. He explained, "If half of the enterprise value is based on tangible assets or assets like Bitcoin, Microsoft's stock would be more stable and less risky."

Microsoft Board Firmly Opposes Position

The Microsoft board has recommended voting against the proposal, stating that the company has evaluated various investable assets, including Bitcoin. However, NCPPR believes that this evaluation may force Microsoft to take a clear stance on Bitcoin, potentially influencing other companies.

Ethan Peck, Deputy Director of the Free Enterprise Project at NCPPR, pointed out that if Microsoft rejects Bitcoin after an official evaluation, it may put the company in an awkward position.

Who Sits on the Microsoft Board? Key Players in High-Level Decision Making

The Microsoft board consists of 12 members, including the Microsoft CEO, and includes leaders from companies such as Disney, Citigroup, Wells Fargo, and GlaxoSmithKline. Their decision on December 10 could serve as a significant indicator of how major corporations may integrate Bitcoin into their asset strategies.