MicroStrategy co-founder Michael Saylor advocated in a presentation to the Microsoft board for including Bitcoin as a strategic asset on the corporate balance sheet.

According to Saylor, MicroStrategy currently owns 331,200 Bitcoin, which were acquired at an average price of $49,874 per coin. The current Bitcoin price is approaching the $100,000 mark, which has massively increased the book value of the holdings. To finance its aggressive Bitcoin purchases, the company regularly raises new capital.

This strategy, considered risky by critics, has paid off for MicroStrategy so far. The company's stock has significantly outperformed most major US companies in recent years. According to analyst Mark Palmer from Benchmark, the stock price has increased by over 2,500 percent in the past four years. This underscores the close correlation between MicroStrategy's stock performance and the development of the Bitcoin price.

Saylor aims for companies like Microsoft, Apple, or Meta to use their liquid assets more efficiently by integrating Bitcoin into their financial strategies. A direct exchange with Microsoft CEO Satya Nadella was declined, but a vote is scheduled at Microsoft on December 10 to examine whether Bitcoin investments should be pursued. The board recommends that shareholders vote against this proposal.

Regardless of the outcome of the vote, a public discussion about Bitcoin investments could draw attention to the topic and, in the long term, encourage more companies to consider similar steps. MicroStrategy itself is often used as a model for such a strategy, which has particularly inspired companies in Japan.

Michael Saylor remains optimistic that larger companies like Microsoft or Apple could eventually adopt Bitcoin. Broader acceptance of Bitcoin in the corporate world would not only further boost the cryptocurrency's price but also strengthen MicroStrategy's position as a pioneer in Bitcoin-based corporate financing.