Microsoft could make ‘next trillion dollars’ from Bitcoin, says Michael Saylor

Bitcoin Bull Michael Saylor has offered to help Microsoft make a trillion dollars using its Treasury reserve investment strategy, after saying shareholders of the tech giant will consider a proposal involving the top cryptocurrency.

The billionaire founder and chairman of software company MicroStrategy wrote to Microsoft CEO Satya Nadella (aka X) on Twitter (aka X) on Friday with the proposal.

The tweet came next news fell On Thursday, Microsoft shareholders will vote on a proposal to let the giant tech company invest in Bitcoin as a treasury reserve. Microsoft’s board has called on shareholders to vote against the idea.

Saylor’s company MicroStrategy began investing in Bitcoin in 2020 and has seen a dramatic increase in valuation as the company has amassed billions in BTC.

“If you want to make the next trillion dollars for $MSFT shareholders, call me,” wrote Saylor, who included a screenshot of Microsoft’s shareholder letter that notes MicroStrategy and its stock are outperforming the tech giant.

On Thursday, a Securities and Exchange Commission filing revealed that Microsoft shareholders will vote in December on whether the company should invest in Bitcoin.

Saylor Post Bitcoin on MicroStrategy’s balance sheet in 2020 in an effort to provide shareholders with the best value for money. The software company is now the largest corporate holder of the asset, having amassed 252,220 Bitcoin – today valued at $16.8 billion.

His bet has paid off so far as MicroStrategy stock has increased– allowing buyers of the Nasdaq-listed stocks to earn huge returns.

Saylor has since become one of the loudest preachers of Bitcoin, arguing that it is “digital gold” and the best long-term store of value investments. He recently said in an interview that he sees MicroStrategy evolve into a “Bitcoin bank” and one day reach a valuation of a trillion dollars – up from the current roughly $47 billion.

Edited by Andrew Hayward