BTC bull, MicroStrategy Chairman Michael Saylor has agreed to give a 3-minute presentation to the Microsoft board advocating for BTC investment.

Michael Saylor said earlier today on VanEck's X Live hosted by VanEck:

The advocates of this proposal contacted me to brief the board, but I can only speak for 3 minutes at most. I agreed to this invitation.

Michael Saylor said that he had earlier proposed to "privately" meet with Microsoft's chairman and CEO Nadella to discuss the issue, but the proposal was not accepted.

He said, "So, you will see me make a 3-minute proposal to Microsoft... We will send it to the board."

In October this year, Microsoft announced that it will hold a shareholders' meeting on December 10. At that time, shareholders will vote on a series of new proposals, including 'whether to evaluate the investment in Bitcoin'.

This proposal is driven by the National Center for Public Policy Research (NCPPR), which emphasizes MicroStrategy's BTC investment strategy and states that MicroStrategy's stock performance is better than Microsoft's this year, with an increase of over 300%, "despite the business scale being only a small part of Microsoft's".

Michael Saylor continued: "I think it's not a bad idea to include it in the policy agenda of every company. It should be included in the policy agenda of Berkshire Hathaway, Apple, Google, and Meta because these companies all have a lot of cash and they are all burning shareholder value."

He argues that 98.5% of Microsoft's enterprise value relies on the company's quarterly financial reports, while only 1.5% of its stock value depends on its tangible assets.

If half of the enterprise value of a stock relies on tangible assets or assets like Bitcoin, then it will be a more stable stock with much less risk. Therefore, I think a very good argument can be made. I think shareholders must execute it.

Microsoft's shareholder proposal is scheduled to be voted on December 10th, but the board has recommended voting against it, citing their evaluation of a wide range of investable assets, including Bitcoin (BTC).

However, the National Center for Public Policy Research (NCPPR)'s Free Enterprise Project told the media that if Microsoft conducts an evaluation and decides not to invest in this asset, the proposal would put Microsoft 'back against the wall'.

The Microsoft board currently consists of 12 members, including Chairman Nadella, as well as senior executives from The Walt Disney Company, Citigroup, and Wells Fargo.

MicroStrategy founder Michael Saylor teased that he wants to convince the Microsoft board to 'buy a lot of BTC', according to a Blockinpress article.