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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/michael-saylor-advocates-for-bitcoin-as-microsofts-key-asset/" data-wpel-link="internal">Michael Saylor Advocates for Bitcoin as Microsoft’s Key Asset</a> 
Michael Saylor, the founder of MicroStrategy, stated that Bitcoin (BTC) could be the most valuable asset for Microsoft. In a presentation, Saylor emphasized that “Microsoft must not miss the next wave of technology, and Bitcoin is that wave.” He argued that investing in Bitcoin would be more prudent than repurchasing shares or holding bonds. 
<h2 style="text-align: justify" id="bitcoin-represents-the-biggest-digital-transformation-of-the-21st-century">“Bitcoin Represents the Biggest Digital Transformation of the 21st Century”</h2> 
Saylor explained that Bitcoin represents digital capital. He asserted that the company would be better off purchasing Bitcoin rather than engaging in stock buybacks or bond holdings. He noted, “You have forfeited hundreds of billions of dollars in capital over the last five years, increasing the risks faced by your shareholders.” He stressed that Microsoft needs an asset with no counterparty risk, like Bitcoin, to break free from this cycle. 
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 Michael Saylor
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Saylor proposed that if Microsoft converts its cash flows, dividends, buybacks, and debts into Bitcoin, the company’s stock price could increase by $584 by 2034, reaching a market value of $4.9 trillion. 
This suggestion from Saylor has resonated widely in both the tech industry and financial circles. 
<h2 style="text-align: justify" id="strong-microstrategy-s-bitcoin-strategy-proves-effective-strong">MicroStrategy’s Bitcoin Strategy Proves Effective</h2> 
Since 2020, Saylor’s company, MicroStrategy, has been building a strategic Bitcoin reserve. With its latest acquisition of 55,500 BTC, the company now holds a total of 386,700 BTC, representing assets worth over $37.7 billion at current market value. 
MicroStrategy’s aggressive Bitcoin strategy significantly contributed to its stock value. With the recent rise in the leading <a href="https://en.coin-turk.com/three-altcoins-that-could-shine-in-the-next-bull-season/" data-wpel-link="internal">cryptocurrency</a>‘s price, the company’s shares have surged by 465% since the beginning of the year. The shares closed at $387.47 on Friday, continuing a 2.15% increase. 
Microsoft’s shares also saw a slight rise of 0.11% on the same day, reaching $423.46, with a 3.67% increase in value over the past month. 
The post <a href="https://en.coin-turk.com/michael-saylor-advocates-for-bitcoin-as-microsofts-key-asset/" data-wpel-link="internal">Michael Saylor Advocates for Bitcoin as Microsoft’s Key Asset</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Michael Saylor Advocates for Bitcoin as Microsoft’s Key Asset

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