In a bold pitch to Microsoft’s board of directors, MicroStrategy Chairman Michael Saylor outlined why he believes the tech giant could see its market cap soar by nearly $5 trillion by fully embracing Bitcoin. During a recent presentation, Saylor argued that if Microsoft were to allocate $100 billion per year towards acquiring Bitcoin, the company could significantly enhance its value over the next decade.
Bitcoin: The Next Big Technology Wave
Saylor’s pitch, delivered in a fast-paced, 44-slide deck over just 3 minutes, opened with a strong assertion: “Microsoft can’t afford to miss the next technology wave, and Bitcoin is that wave.” He emphasized that Bitcoin offers a compelling alternative to traditional financial strategies, including stock buybacks, debt management, and dividend payouts.
In his presentation, Saylor suggested that by converting its cash flows, stock buybacks, and even its debt into Bitcoin, Microsoft could unlock a tremendous increase in value. He projected that Bitcoin could add as much as $584 per share to Microsoft’s stock price by 2034, assuming Bitcoin reaches $1.7 million per coin.
$5 Trillion Market Cap Boost
Saylor’s analysis showed that an aggressive Bitcoin strategy could add up to $4.9 trillion to Microsoft’s market cap, a significant increase from its current valuation of $3.18 trillion. If Microsoft were to go all-in on Bitcoin, Saylor argues that it could gain a competitive edge and greatly increase shareholder value, all while reducing risk exposure.
MicroStrategy’s Bitcoin Success
Saylor’s conviction in Bitcoin is underscored by his success with MicroStrategy, the business intelligence firm he chairs. Since 2020, MicroStrategy has accumulated 386,700 BTC, worth nearly $37.6 billion at today’s price of $97,200 per Bitcoin. The company’s stock has surged 465.5% in 2024 alone, a dramatic increase tied directly to the rise in Bitcoin’s value.
Saylor emphasized that his strategy had already proven successful for MicroStrategy, where Bitcoin has driven significant stock growth, even surpassing pre-dot-com bubble highs. As Bitcoin’s price has surged 120% in 2024, Saylor believes Microsoft is poised to capitalize on similar gains by adopting a similar strategy.
The Crypto Renaissance
Saylor also pointed to the growing political and institutional support for Bitcoin as a key factor in his pitch. He highlighted recent pro-Bitcoin statements by U.S. President Donald Trump and the launch of Bitcoin-related investment products by major Wall Street firms. With public and political backing rising, Saylor believes now is the ideal time for Microsoft to reconsider its financial strategy.
Why Bitcoin Over Stock Buybacks?
Saylor made a strong case that investing in Bitcoin could provide Microsoft with higher returns than traditional stock buybacks or holding bonds. “What if you could buy a $100 billion company growing faster than Microsoft for one times revenue? What if you could keep doing it every single year?” Saylor asked rhetorically, reinforcing the long-term value of Bitcoin as a growth asset.
Time for Microsoft to Reevaluate Its Strategy
In closing, Saylor urged Microsoft to “evaluate its Bitcoin strategic options” and to take action for both the company’s and the world’s benefit. He believes that embracing Bitcoin will not only create trillions of dollars in enterprise value but also help mitigate risk for shareholders.
With Bitcoin’s recent price rally and increasing institutional adoption, Saylor’s message to Microsoft is clear: it’s time to act before the opportunity slips away.
