Friday , December 27 2024

It Makes More Sense to Buy Bitcoin Than Own Stock

Crypto News Michael Saylor Option

MicroStrategy Executive Chairman Michael Saylor presented the Bitcoin Strategic Reserve to the Microsoft (MSFT) board on December 01, as he promised earlier He highlighted that Bitcoin is a transformation of digital capital, and they need to adopt Bitcoin as part of their balance sheets over the next few years.

Bitcoin is estimated to be one of the world’s largest assets and contribute $280 trillion to global wealth, surpassing gold and art with $45 trillion and $110 trillion respectively over the next 20 years.

Saylor also said that to Microsoft There is clearly a need to be driven by digital capital as Bitcoin’s price fluctuations outperform Microsoft shares by 12x year-to-date. Having acquired Bitcoin over the years microstrategy (MSTR) shares also jumped 3,045%, while MSFT performed only 103%.

“Bitcoin is the best asset you can own. The numbers themselves say it all. It makes more sense to buy Bitcoin than to buy back your own stock or to hold Bitcoin instead of holding bonds. If you want to outperform you need Bitcoin,” Saylor said on YouTube. Mentioned in his presentation posted.

Political and market support, represented by the Trump administration and Bitcoin ETF offerings in the stock market, will help drive mass adoption of Bitcoin over the next few years, as will Microsoft.

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Michael Saylor gives an alternative

Sailor said Microsoft’s board has been given a choice: stick to the past with a traditional financial strategy that slows growth and increases investor risk, or reinvent that strategy by embracing Bitcoin’s future with accelerated growth.

He also pitched Bitcoin24, which customizes Bitcoin products for corporations, to boards of directors, and predicted that Microsoft shares would rise from the current share price to $584.

If the company implements the strategic reserve of Bitcoin, its market capitalization would also increase by between $1 trillion and $4.9 trillion per share.

While Microsoft’s exposure to value created through Bitcoin adoption is estimated to decrease from 95% to 59%, and annual recurring revenue is estimated to increase from 10.4% to 15.8%.