Saylor told Microsoft's board of directors that if they focused solely on Bitcoin, the company's valuation would be about $5 trillion (about $751 trillion).
Saylor released a 44-slide, three-minute summary of why Microsoft should buy Bitcoin.
"Microsoft can't afford to miss out on the next technology revolution, and Bitcoin is that revolution," he said in a video released on the 1st.
He suggested that the company should convert its cash flows, dividend payments, share buybacks and debt into Bitcoin, which would add hundreds of dollars to its stock price.
"It removes the risk factor for shareholders," he added. Saylor said, "Microsoft owns all of its financial assets, liabilities, cash flows, dividends, and its own shares.
If the proceeds from the stock buyback were used to buy Bitcoin, and the price of Bitcoin rises to $1.7 million per BTC within 10 years, Microsoft's stock price would be $1.7 million per share.
Saylor said the strategy could increase Microsoft's enterprise value by $4.9 trillion.
With a market capitalization of $3.18 trillion, Microsoft is the third most valuable company in the world after Apple and Nvidia.
2024/12/02 16:16 KST
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