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		<title>Michael Saylor to Pitch Microsoft Board on Bitcoin Investment</title>
		<link>https://coinengineer.net/blog/michael-saylor-to-pitch-microsoft-board-on-bitcoin-investment/</link>
					<comments>https://coinengineer.net/blog/michael-saylor-to-pitch-microsoft-board-on-bitcoin-investment/#respond</comments>
		
		<dc:creator><![CDATA[Yigit Taha OZTURK]]></dc:creator>
		<pubDate>Wed, 20 Nov 2024 13:00:02 +0000</pubDate>
				<category><![CDATA[Crypto News]]></category>
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		<category><![CDATA[michael saylor]]></category>
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					<description><![CDATA[<p>MicroStrategy Chairman Michael Saylor will propose a Bitcoin investment to the Microsoft board. Saylor will make this pitch in a three-minute presentation, arguing that investing in Bitcoin will make Microsoft&#8216;s stock value more stable and less risky. Saylor discussed his upcoming presentation during a VanEck-hosted X Spaces session on November 19. He mentioned that he</p>
<p>The post <a href="https://coinengineer.net/blog/michael-saylor-to-pitch-microsoft-board-on-bitcoin-investment/">Michael Saylor to Pitch Microsoft Board on Bitcoin Investment</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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										<content:encoded><![CDATA[<p><strong>MicroStrategy</strong> Chairman <strong>Michael Saylor</strong> will propose a <strong>Bitcoin</strong> investment to the <strong>Microsoft</strong> board. Saylor will make this pitch in a three-minute presentation, arguing that investing in Bitcoin will make <strong>Microsoft</strong>&#8216;s stock value more stable and less risky.</p>
<p>Saylor discussed his upcoming presentation during a <strong>VanEck</strong>-hosted <strong>X Spaces</strong> session on <strong>November 19</strong>. He mentioned that he was given only three minutes for the presentation and stated, “I accepted the offer from activists and I’ll present this to the board.”</p>
<h2>Why Bitcoin?</h2>
<p>Saylor explained that <strong>Microsoft</strong> holds significant cash reserves, and linking these reserves solely to profits increases risk. According to Saylor, if a portion of the company&#8217;s assets is backed by tangible assets like <strong>Bitcoin</strong>, it would stabilize the stock price.</p>
<p>Saylor had previously offered to meet <strong>Microsoft CEO Satya Nadella</strong> privately about the Bitcoin investment, but his offer was declined. He still believes that <strong>Bitcoin</strong> should be on every major company’s agenda.</p>
<hr />
<p><em>Might interest you: <a href="https://coinengineer.net/blog/who-could-replace-gary-gensler-as-sec-chairman/"><strong>Who Could Replace Gary Gensler as SEC Chairman?</strong></a></em></p>
<hr />
<p>In <strong>October</strong>, <strong>Microsoft</strong> announced that a vote will be held in <strong>December</strong> to assess the possibility of investing in Bitcoin. The proposal, presented by the <strong>National Center for Public Policy Research (NCPPR)</strong>, highlights <strong>MicroStrategy</strong>&#8216;s Bitcoin strategy and points out that it has outperformed <strong>Microsoft</strong> by 300%.</p>
<p>Although the <strong>Microsoft</strong> board is inclined to reject the proposal, the evaluation could put the company in a difficult position. The board includes high-level executives from major companies like <strong>Satya Nadella</strong> (Microsoft), <strong>Walt Disney</strong>, <strong>Citigroup</strong>, <strong>Wells Fargo</strong>, and <strong>GSK</strong>.</p>
<p>The vote on whether to invest in <strong>Bitcoin</strong> will take place on <strong>December 10</strong>, determining whether <strong>Microsoft</strong> will move forward with the investment.</p>
<hr />
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<p>The post <a href="https://coinengineer.net/blog/michael-saylor-to-pitch-microsoft-board-on-bitcoin-investment/">Michael Saylor to Pitch Microsoft Board on Bitcoin Investment</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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