Michael Saylor, prominent Bitcoin attorney and founder of MicroStrategy, will present a Bitcoin investment strategy to Microsoft’s board of directors next month.
In an edition hosted by VanEck on November 19 X-spaceSaylor shared that he has been given three minutes to make a case for Bitcoin investments to Microsoft’s board of directors.
While Saylor agreed to the brief presentation, he noted that his separate request to discuss the matter with Microsoft CEO Satya Nadella has not yet been accepted. He stated:
‘The activist who said that [Bitcoin purchase] The proposal was contacted with me to present it to the board, and I agreed to give a three-minute presentation.”
The development comes after Saylor made headlines last month by offering to help Microsoft generate a trillion dollars using a Bitcoin-based treasury strategy. In the October X post, Saylor asked Nadella to call him if he wants to “make the next trillion dollars for MSFT shareholders.”
This offer followed news that Microsoft shareholders would vote on a proposal to explore Bitcoin as a reserve. Microsoft’s board has recommended not to adopt the proposal. However, market observers noted that major shareholders such as Vanguard, BlackRock, State Street and Fidelity would play a crucial role in the company’s final decision.
Microsoft, which has $78 billion in cash reserves, has made significant investments in companies like Skype and OpenAI, but has yet to commit money to Bitcoin or related assets. Saylor argues that this strategy is short-sighted and urges tech giants like Microsoft, Apple and Google to view Bitcoin as a superior alternative to cash reserves.
Saylor said:
“If Apple were to buy $100 billion worth of Bitcoin, it would likely grow to $500 billion, and the company would have a $500 billion business growing at 20% per year.”
Under Saylor’s leadership, MicroStrategy has become the largest corporate Bitcoin holder, with more than 330,000 Bitcoins worth approximately $30 billion. Saylor often emphasizes how adopting Bitcoin as a treasury strategy has allowed MicroStrategy to outperform broader markets, making a compelling case for other companies to follow suit.