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The founder of MicroStrategy will pitch the BTC investment plan to Microsoft. The Microsoft board will make a decision on 12/10.
BTC supporter and MicroStrategy founder Michael Saylor will give a brief three-minute presentation to the Microsoft board of directors, advocating for the company to consider investing in BTC. During the X Spaces discussion hosted by VanEck on November 19, Saylor confirmed his participation in the event.
Suggesting Microsoft leadership to invest in Bitcoin
Saylor revealed that an activist group invited him to submit the proposal, and although time was limited, he still accepted the opportunity. He said, 'I agreed to do a three-minute presentation, which is the stipulated time limit, and I will present my proposal to the board.' Previously, Saylor sought a private meeting with Microsoft CEO Satya Nadella to discuss the matter, but the proposal was rejected. He added, 'So you'll see me preparing this three-minute proposal for Microsoft, and then we'll submit it to the board.'
Microsoft considers shareholder proposal: whether to invest in BTC
In October, Microsoft announced that one of the voting items for December is to evaluate whether the company should invest in BTC. The proposal was initiated by the National Center for Public Policy Research (NCPPR) and referenced MicroStrategy's BTC strategy as a benchmark. NCPPR pointed out that although MicroStrategy's operating scale is much smaller than Microsoft's, its stock price performance in 2023 has exceeded Microsoft by more than 300%. The shareholder voting for this proposal will take place on December 10th.
MicroStrategy's macro vision: Bitcoin brings enterprise stability
Saylor believes that every major corporation, including Apple, Google, Meta, and Berkshire Hathaway, should include BTC investment on their agenda. He emphasizes that these cash-rich companies may damage shareholder value if they do not diversify assets.
According to Saylor's analysis, 98.5% of Microsoft's enterprise value comes from quarterly earnings, with only 1.5% from tangible assets. He suggests that BTC can provide a more stable foundation. He explains, 'If half of the enterprise value is based on tangible assets or assets like BTC, Microsoft's stock would be more stable and less risky.'
Microsoft's board of directors has a clear position of opposition
The Microsoft board has recommended voting against the proposal and stated that the company has evaluated a variety of investable assets, including Bitcoin. Nevertheless, NCPPR believes that this evaluation may force Microsoft to take a clear stance on Bitcoin, thereby influencing other companies.
NCPPR Freedom Enterprise Project Deputy Director Ethan Peck pointed out that if Microsoft rejects BTC after official evaluation, it may put the company in an awkward position.
Who are the members of the Microsoft board of directors? Key roles in senior decision-making
The Microsoft board of directors consists of 12 members, including the CEO of Microsoft, as well as leaders from companies such as Disney, Citigroup, Wells Fargo, and GlaxoSmithKline. Their decision on December 10th could become an indicator of how major companies incorporate Bitcoin into their asset strategies.
The founder of MicroStrategy will pitch the BTC investment plan to Microsoft, and the Microsoft board will make a decision on 12/10. This article first appeared in Chain News ABMedia.