Michael Saylor, the CEO of MicroStrategy, plans to propose Bitcoin adoption to Microsoft’s Board next month for their corporate treasury strategy. Saylor, one of the biggest advocates for corporate Bitcoin reserves, pitched the idea to Microsoft’s CEO Nadella in October.&nbsp; 
Saylor told Nadella that Microsoft would add another trillion dollars in value for its shareholders if it included a Bitcoin reserve to its current $78 billion cash reserve. The Microsoft Board had, however, advised the company’s shareholders to vote against the BTC reserve adoption strategy in a U.S. SEC filing ahead of its next Board meeting on December 10th. Saylor also disclosed that Nadella declined to meet with him to discuss the proposal. 
<h3 id="span-style-font-weight-400-saylor-seeks-to-convince-the-microsoft-board-on-bitcoin-treasury-investment-span">Saylor seeks to convince the Microsoft Board on Bitcoin treasury investment&nbsp;</h3> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 MicroStrategy CEO, Michael Saylor, is scheduled to brief Microsoft's Board next month on adopting <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">#Bitcoin</a> for their corporate treasury strategy. 
 Microsoft has $78 BILLION in cash reserves! 👀 <a href="https://t.co/cBsQr27JWv" rel="nofollow" target="_blank">pic.twitter.com/cBsQr27JWv</a> 
 — Bitcoin For Corporations (@BitcoinForCorps) <a href="https://twitter.com/BitcoinForCorps/status/1859005383836397980?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">November 19, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
During a November 19th X Spaces forum hosted by VanEck, Saylor confirmed that he had agreed to present the BTC reserve proposal to the Microsoft Board next month. He claimed that he would have a three-minute presentation to convince the tech giant’s board of directors about investing in Bitcoin. Saylor <a href="https://x.com/BitcoinForCorps/status/1859037696544698501" rel="nofollow" target="_blank">noted</a> that Bitcoin was something everybody needed; nobody could stop, and few understood. The Kobeissi Letter, a leading commentary on global capital markets, <a href="https://x.com/KobeissiLetter/status/1859005731942674821" rel="nofollow" target="_blank">asserted</a> that Microsoft could change the way big corporations view cash on the balance sheet if Saylor’s pitch works.&nbsp; 
The MicroStrategy chairman disclosed that he had proposed to meet Microsoft’s CEO in confidence to discuss the issue. He, however, claimed that the proposed meeting had been declined. Saylor said he would put together the three-minute proposal for Microsoft and send it to the Board ahead of the Microsoft Board’s meeting scheduled for December 10th.&nbsp; 
<blockquote>
 “The activist that put that proposal together contacted me to present to the board, and I agreed to provide a three-minute presentation — that’s all you’re allowed — and I’m going to present it to the board of directors.” 
 ~ <a href="https://x.com/vaneck_us/status/1854915410371457236" rel="nofollow" target="_blank">Michael Saylor</a>&nbsp;
</blockquote> 
Microsoft had disclosed in October that conducting an assessment on investing in Bitcoin would be one of the voting items in December. Ethan Peck, deputy director of the NCCPR’s Free Enterprise Project, insisted that <a href="https://www.cryptopolitan.com/microsoft-launches-tools-to-simplify-ai-app-building-and-model-integration/">Microsoft</a> could be in a tight spot if it conducted the assessment and determined not to invest in Bitcoin. 
<h3 id="span-style-font-weight-400-saylor-believes-all-large-corporations-should-consider-btc-reserves-span">Saylor believes all large corporations should consider BTC reserves&nbsp;</h3> 
According to Saylor, it’s not a bad idea to include Bitcoin reserve investment in every company’s agenda. He believes that it ought to be put on the agenda of Meta, Apple, Google, and Berkshire Hathaway because they all had large cash reserves that burned shareholder value.&nbsp; 
The BTC bull added that 98.5% of Microsoft’s total company value was leveraged to its quarterly earnings, while 1.5% of its stock value came from its physical assets. Notably, Microsoft’s 12-member board recommended voting against investing in a <a href="https://www.cryptopolitan.com/rumble-eyes-bitcoin-for-its-balance-sheet/">Bitcoin</a> reserve, pointing out that it had evaluated a wide range of investable assets, including Bitcoin.&nbsp; 
The National Center for Public Policy Research (NCPPR) pushed for Microsoft’s BTC adoption proposal, highlighting MicroStrategy’s successful Bitcoin investment strategy. The NCPPR noted that MicroStrategy’s stock outperformed Microsoft’s stock by over 300% despite doing only a fraction of Microsoft’s business.&nbsp; 
NCPPR’s Ethan Peck observed that Microsoft had a fiduciary duty to act in the financial interest of its shareholders. He emphasized that Microsoft risks a lawsuit if it ignored Bitcoin and its <a href="https://www.cryptopolitan.com/bitcoin-price-prediction/">price</a> skyrocketed.&nbsp; 
From Zero to Web3 Pro: Your 90-Day <a href="https://www.cryptopolitan.com/crypto-career-launchpad-waitlist/?utm_source=cryptopolitan&amp;utm_medium=banner&amp;utm_campaign=ccl-waitlist-3" target="_blank">Career Launch Plan</a>

Michael Saylor to pitch Bitcoin treasury proposal to Microsoft Board next month

Table of Contents

Cryptopolitan_News

Other articles published on Nov 20, 2024

Polygon Whales Accumulate $56M Worth Of $POL In 96 Hours, Price Rally Ahead?

CrytocoinMiner Makes Waves in the Crypto Mining Sector

MicroStrategy Climbs with Bitcoin Investments

Floki Inu Targets India with Major Marketing Push Before Coinbase Debut

Renowned Analyst Forecasts Ethereum Surge to $10K

Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51

Join our free newsletter for daily crypto updates!