Michael Saylor, executive chairman of MicroStrategy, will deliver a three-minute presentation to Microsoftâs board on investing in Bitcoin.
Author: Sahil Thakur
Written On: Wed, 20 Nov 2024 09:00:51 GMT
Michael Saylor, executive chairman of MicroStrategy, will deliver a three-minute presentation to Microsoftâs board on investing in Bitcoin. This opportunity arises after an activist shareholder pushed for Bitcoin to be considered as part of Microsoftâs investment strategy.
The proposal, backed by the National Center for Public Policy Research (NCPPR), emphasizes Bitcoin as a way to enhance Microsoftâs shareholder value. It draws on MicroStrategyâs example, where Bitcoin adoption contributed to a 2,735% increase in its stock value over five years.
Saylor argues that tangible assets like Bitcoin could stabilize Microsoftâs stock. âIf half the enterprise value was based on tangible assets like Bitcoin, it would be less risky,â he said during a Nov. 19 X Spaces hosted by VanEck.
Microsoftâs board, led by CEO and Chairman Satya Nadella, has recommended voting against the proposal. The company believes its current investment strategy already considers diverse assets, including Bitcoin.
If passed, the assessment could challenge Microsoft to justify a decision not to invest in Bitcoin, potentially placing it in a difficult position, according to Ethan Peck of NCPPR.
The outcome of the shareholder vote will indicate whether one of the worldâs largest tech companies might take steps toward Bitcoin investment.
Real voices. Real reactions.
Add your reaction to this story:
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.
News
Jul 12, 2025
Altcoin
Jul 12, 2025
Altcoin
Jul 12, 2025
Washingtonâs âCrypto Weekâ Begins: Three Landmark Bills Could Reshape U.S. Crypto Policy
Pump.funâs PUMP Token Sale Kicks Off July 12 Amid Hype and Heavy Hedging
Germany Approves Grant to Fund Nuco.Cloudâs AI Layer-2 Blockchain Development
Ethereum to Launch L1 zkEVM in 2026 for Scalability and Privacy
Washingtonâs âCrypto Weekâ Begins: Three Landmark Bills Could Reshape U.S. Crypto Policy
Pump.funâs PUMP Token Sale Kicks Off July 12 Amid Hype and Heavy Hedging
Germany Approves Grant to Fund Nuco.Cloudâs AI Layer-2 Blockchain Development
Ethereum to Launch L1 zkEVM in 2026 for Scalability and Privacy