Michael Saylor to present investing in Bitcoin to Microsoft board

MicroStrategy’s executive chairman, Michael Saylor, will make a presentation to Microsoft’s board about investing in Bitcoin in just three minutes.

This announcement comes after Michael Saylor joined VanEck’s X Spaces on November 19. Within a very limited period of time, he will ask the board to invest their large allocations in Bitcoin.

“The activist who created this proposal contacted me about presenting to the board, and I agreed to give a three-minute presentation,” Saylor says at X Spaces.

Microsoft is one of the largest technology companies in the world, with $78 billion in cash. The company also manages multiple investments in various companies such as OpenAI, but none of its funds invest in Bitcoin, cryptocurrency, or any crypto-related products.

Saylor says 1.5 percent of stock value comes from intangible assets, with the rest being transferred to quarterly earnings. Earlier this October, Microsoft had voting items for December, which will be an evaluation time for investing in Bitcoin.

If the company accepts Saylor’s presentation, this will significantly impact the company and the market, as one of the oldest technology companies will bring its funding to Bitcoin.

Michael Saylor reaches out to Nadella at X

Saylor reached out to Microsoft CEO Satya Nadella on October 25. He said he could contact Saylor if the company he leads wanted to return another trillion dollars to shareholders.

Saylor also noted that MicroStrategy shares (MSTR) experienced rapid share growth last year, rising 331%. Corporate and institutional adoption, which has increased in recent years, will become commonplace in the near future.

MicroStrategy’s shares have risen by as much as 2,735% in the last 5 years since it became the first company in the world to have Bitcoin on its balance sheet.