🤯 Have you seen our AI stock pickers’ 2024 results? 84.62%! Grab November’s list now.Pick Stocks with AI

Michael Saylor Offers Microsoft Help to Make $1 Trillion With Bitcoin

Published 25/10/2024, 15:23
© Reuters.  Michael Saylor Offers Microsoft Help to Make $1 Trillion With Bitcoin
MSFT
-
MSTR
-
BTC/USD
-

U.Today - As Microsoft shareholders look forward to their Dec. 10 meeting, many intrigues have begun manifesting in the broader cryptocurrency space. Michael Saylor, a Bitcoin enthusiast and executive chairman of business Intelligence Company MicroStrategy, has waded in with an offer.

Michael Saylor's proposal to Microsoft

In a post on X, Saylor directly addresses Satya Nadella, Chairman and CEO of Microsoft, with a solution to maximize its shareholders’ profits. He told the Microsoft CEO that if he wants to "make the next trillion dollars for $MSFT shareholders, call me."

With the post, Saylor suggests that Microsoft could significantly increase its valuation by embracing Bitcoin. Specifically, the MicroStrategy executive chairman mentioned the "next trillions, highlighting his confidence in Bitcoin as a transformative asset for all who embrace it" — individuals or institutional investors.

Saylor’s invitation to Nadella to "call him," and tagging the Microsoft CEO to the post, implies he has some strategy or deep insights to share. These may include how Microsoft could integrate Bitcoin into its financial strategy and deliver huge profits to its shareholders.

This appears to have emerged from a conversation between Michael Saylor and Tesla CEO Elon Musk prior to the car making a purchase of BTC in 2021. Today, Tesla has confirmed that it still holds some of its Bitcoin stash.

As of this writing, Nadella has not responded to Saylor's post. There have also been no indications that he has called Saylor. However, many have encouraged the Microsoft CEO to make the call and hear Saylor out.

Is MicroStrategy's Bitcoin strategy paying off?

Notably, like Microsoft, Saylor’s MicroStrategy is a technology company. However, this year, MicroStrategy’s stock has outperformed Microsoft's by over 310%. The key factor to its success lies in MicroStrategy’s exposure to Bitcoin.

As earlier reported by U.Today, Saylor believes a Bitcoin strategy is essential for anyone to win in the financial space. According to Saylor, since MicroStrategy integrated Bitcoin into its strategy, it has outperformed every competitor, including Nvidia.

Time will reveal whether Saylor’s message will influence the voting pattern on Dec. 10.

This content was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.