Michael Saylor Says Bitcoin Could Boost Microsoft’s Valuation By Nearly $5 Trillion And Add $584 To The Stock By 2034
Posted On December 2, 2024
MicroStrategy Inc. (NASDAQ:MSTR) Chairman Michael Saylor pitched a strong case for Bitcoin (CRYPTO: BTC) adoption to the Microsoft Corp. (NASDAQ:MSFT) board, projecting a $5 trillion market cap addition in case of a full embrace.
What happened: In a 3-minute presentation, Saylor called Bitcoin the “highest performing uncorrelated asset” a corporation can have on its books.
Citing data, he showed how Bitcoin beat Microsoft’s shares by up to 10X annually over the past four years.