Will Michael Saylor Bring Bitcoin to Microsoft’s Balance Sheet?

• Michael Saylor set to pitch Bitcoin investment strategy to Microsoft. 
• A vote on December 10 will determine if Microsoft considers Bitcoin as an investment.

Microsoft plans to assess and incorporate Bitcoin into its balance sheet. This decision aligns with the shareholders preparing to vote on a proposal in December, coinciding with an upcoming presentation by Michael Saylor, Executive Chairman of MicroStrategy, to Microsoft’s board of directors.

During a November 19 X Spaces session hosted by VanEck, Saylor disclosed that he was invited to present a three-minute pitch to Microsoft’s board about Bitcoin investment. This board is led by the firm’s Chairman and CEO, Satya Nadella, and other executives from Disney, Citigroup, and Wells Fargo. 

Microsoft has been focused on investments like U.S. government securities and corporate bonds, which are widely regarded as reliable in the uncertain economic scenario. The firm’s large portion of the cash reserves are invested in low-risk assets.

On the other hand, the December 10 vote, initiated by the National Center for Public Policy Research (NCPPR), will decide whether the board should approach Bitcoin as a potential corporate investment. 

In addition, the proposal cites the growth of Bitcoin over the last five years. It further highlights the success of MicroStrategy with its Bitcoin-focused strategy. Notably, MicroStrategy’s shares have surged more than 300% in 2024, outpacing Microsoft. 

Bitcoin Holdings of MicroStrategy

As a pioneer in corporate Bitcoin adoption, MicroStrategy has recently purchased 51,780 BTC for its holdings. As of now, the company’s 331,200 bitcoins are valued at approximately $29.7 billion. The assets were acquired at an aggregate cost of $16.5 billion, or $49,874 per BTC. 

Michael Saylor emphasized that firms like Microsoft, Berkshire Hathaway, Apple, and Google should leverage their cash reserves by investing in Bitcoin to enhance shareholder value.

The Corporate Bitcoin Adoption 

The implications include the increased credibility of digital currency; embracing Bitcoin could expand the acceptance of cryptocurrencies as legitimate assets. This could influence government policies and financial regulations globally.

Furthermore, the Bitcoin investment could allow corporations and individual investors to diversify their portfolios by integrating traditional assets with cryptocurrencies. 

Besides, the largest crypto asset, Bitcoin, is currently trading at $92.3K with its market cap resting at $1.83 trillion. The daily trading volume of BTC has settled at $75 billion. Analysts anticipate the asset will reach $100K shortly by evaluating its momentum within the market.

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