Michael Saylor Encourages Microsoft CEO to Invest in Bitcoin Highlighting Potential for Trillion-Dollar Growth

Michael Saylor Encourages Microsoft CEO to Invest in Bitcoin Highlighting Potential for Trillion-Dollar Growth

MicroStrategy CEO Michael Saylor has publicly urged Microsoft CEO Satya Nadella to consider investing in Bitcoin, suggesting it could lead to significant growth for Microsoft. Saylor made his appeal on social media, hinting at MicroStrategy’s success and sharing data from the National Center for Public Policy, which highlights MicroStrategy’s substantial stock performance due to its Bitcoin holdings, outperforming Microsoft by 313% this year. This success, Saylor claims, showcases Bitcoin’s potential value as a corporate asset, especially given the rise in institutional interest. Microsoft’s own second-largest shareholder, BlackRock, already offers clients a Bitcoin ETF.

In an upcoming shareholder meeting scheduled for December 10, Microsoft shareholders will vote on a proposed Bitcoin investment initiative, though the company’s board currently recommends against it. The proposal highlights Bitcoin’s value as a balance sheet asset in inflationary times, arguing it could provide higher returns than traditional bonds, even if it comes with volatility.

In a recent interview, Saylor shared his commitment to donate his Bitcoin holdings “to humanity” after his passing, echoing the ideals of Bitcoin’s creator, Satoshi Nakamoto. However, he faced criticism earlier this week for comments on self-custody wallets, later clarifying his stance. “I support self-custody and the freedom for individuals and institutions to choose their custodians,” Saylor wrote in a post, emphasizing the diverse investment potential Bitcoin holds.

Meanwhile, MicroStrategy’s continued commitment to Bitcoin has bolstered its market position, with its stock outperforming Microsoft’s as of Friday. Saylor’s company is on a mission to position itself as a “Bitcoin bank,” showing no signs of slowing in its accumulation and advocacy of the cryptocurrency.