If anyone has used it Microsoft products all my life, it pains me to see them messing around with Bitcoin. The company $78 billion in cash reserves lose value daily. Meanwhile, they stubbornly refuse to follow MicroStrategy’s proven winning strategy: convert those melting dollars into scarce Bitcoin!
Microsoft announced a few months ago that it would be buying back shares up to $60 billion; it looks like this didn’t accomplish anything increase the stock price. Imagine if they had bought Bitcoin instead. That money would have been much more powerful if it had been allocated to Bitcoin. The company would likely have added hundreds of billions in market cap.
Just take a look MicroStrategy. In just four years, they turned their $1 billion business into $100 billion by adopting Bitcoin as a treasury reserve. They are now the most compelling and successful story in corporate finance, with the best performing stocks of the past four years beating every US company – even NVIDIA.
Yet Microsoft clings to an outdated financial strategy, destroying shareholder value. Microsoft needs to follow its technological instincts, not faulty financial logic. There is no long-term viability in holding cash.
I was listening to X Spaces yesterday, in which the CEO of MicroStrategy Michael Saylor revealed that he offered to explain the benefits of Bitcoin privately, but Microsoft’s CEO Satya Nadella declined the meeting. Now he is making a final call by submitting a three-minute Bitcoin proposal to Microsoft’s board.
The board previously advised shareholders to reject the assessment of Bitcoin’s potential benefit. Still, I’m curious how this meeting will go. Saylor is a great educator, so you never know.
They must realize that no business capital like Bitcoin can increase company value. Even a small Bitcoin allocation of $5 billion could add tens of billions in market cap.
Look, Microsoft, the choice is clear: hoard melting dollars or embrace uncensored digital gold. Your shareholders are begging you to buy Bitcoin. It’s time to listen before that $78 billion disappears completely. This is your fiduciary duty as Bitcoin continues its mass adoption.
This article is a To take. The opinions expressed are solely those of the author and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.