Michael Saylor Bitcoin proposal to Microsoft and his $100K year-end prediction show his strong belief in the future of cryptocurrency.
Michael Saylor, Executive Chairman of MicroStrategy and a prominent Bitcoin advocate, continues to make waves with his ambitious plans for Bitcoin. Michael Saylor is confident in Bitcoin, from suggesting it as an investment to Microsoft’s board to predicting its price will reach $100,000 by the end of the year.
Saylor’s 3-Minute Bitcoin Proposal to Microsoft
Michael Saylor is preparing a three-minute presentation for Microsoft’s board of directors to advocate for Bitcoin as a strategic investment. The proposal comes in response to a shareholder motion asking the tech giant to assess the feasibility of investing in Bitcoin.
The motion, led by the National Center for Public Policy Research (NCPPR), points out the success of MicroStrategy’s Bitcoin strategy. MicroStrategy’s stock has outperformed Microsoft by over 300% this year, despite operating on a far smaller scale.
Saylor believes companies like Microsoft, Apple, Google, and others with large cash reserves should consider Bitcoin to stabilize their stock and enhance shareholder value. He stated, “It would be a lot more stable and less risky if part of the enterprise value was based on tangible assets like Bitcoin.”
Microsoft’s board, however, has recommended voting against the proposal, arguing they already evaluate a wide range of assets, including Bitcoin. The final decision will be made on December 10, when shareholders vote on the motion.
MicroStrategy’s Aggressive Bitcoin Strategy
While encouraging Microsoft to invest in Bitcoin, Saylor is also expanding his own company’s Bitcoin holdings. Recently MicroStrategy bought 51,780 more bitcoins for $4.6 billion, increasing its total to 331,200 BTC.
The latest acquisition was funded by a $13.59 million share sale, underscoring MicroStrategy’s commitment to cryptocurrency. On average, the company has acquired Bitcoin at $49,874 per coin, signaling its long-term belief in Bitcoin’s growth potential.
The “21/21 Plan”
In October, MicroStrategy unveiled its “21/21 Plan,” a $42 billion initiative to accelerate Bitcoin acquisitions over three years. The plan aims to raise $21 billion through equity and $21 billion through fixed-income securities.
Saylor suggested the initiative could progress faster due to strong investor support. He noted, “Our investors want us to buy more Bitcoin and keep raising capital for it. Their biggest concern is whether we’ll stop issuing equity to acquire Bitcoin.”
$100K Bitcoin Predictions by Year-End
Saylor’s belief in Bitcoin goes beyond his business plans—he has even predicted that Bitcoin will reach $100,000 by the end of the year.
Saylor ran a poll on X (formerly Twitter) to gauge people’s opinions about Bitcoin’s future. Out of 92,000 votes, 85.6% believed Bitcoin would hit $100K by New Year’s Eve, while 14.4% did not. This overwhelming optimism reflects the broader excitement in the cryptocurrency community, especially as Bitcoin’s price has recently hit new highs.
Wall Street and Institutional Support
Saylor is confident in Bitcoin because more big companies are supporting it. He pointed out that BlackRock a major financial firm, is a strong backer of Bitcoin. Saylor believes this support will help raise Bitcoin’s price. He’s not concerned about it dropping below $30,000 and is sure it will reach over $100K by December.
Why Bitcoin Matters for Companies Like Microsoft
Saylor says companies with lots of cash, like Microsoft, could benefit from investing in Bitcoin. He believes Bitcoin can protect against inflation and keep shareholders’ value safe.
Currently, only 1.5% of Microsoft’s enterprise value is tied to tangible assets, with the remaining 98.5% linked to quarterly earnings. Saylor believes incorporating Bitcoin into the mix could make Microsoft’s stock more stable and resilient.
Although Microsoft’s board is unsure, the shareholder vote on December 10 could spark new talks about Bitcoin’s place in corporate finance.
For the latest updates about cryptocurrency news, visit Coin Mozo on X.
The Road Ahead for Saylor Bitcoin Proposal
Saylor is confident in Bitcoin. MicroStrategy has a strong Bitcoin strategy. This shows that more big institutions are adopting Bitcoin. While it’s uncertain if Bitcoin will reach $100K by the end of the year, the increasing interest and investment point to a promising future for the cryptocurrency.
For now, all eyes are on Microsoft’s shareholder vote and Bitcoin’s year-end performance. If Saylor’s predictions come true, it could be a major moment for the cryptocurrency market and strengthen his strong belief in Bitcoin.
Michael Saylor’s bold initiatives, from pitching Bitcoin to Microsoft to forecasting a $100K price, underline his unwavering confidence in cryptocurrency’s potential. As institutional support grows and MicroStrategy continues its record-breaking acquisitions, Bitcoin is poised for an exciting future. Whether or not it reaches six figures by year-end, Saylor’s leadership is undoubtedly shaping the narrative for Bitcoin’s next chapter.
Also Read: MicroStrategy 26 Billion Bitcoin Bet: Unpacking the ‘Infinite Money Glitch’ Strategy
