The post Microsoft Bitcoin Proposal: Could Saylor’s Bold Strategy Boost Shareholder Value by $5 Trillion? appeared first on Coinpedia Fintech News
Michael Saylor pitched a bold Bitcoin strategy to Microsoft’s board, claiming it could boost shareholder value by a massive $5 trillion by 2034. A day after this proposal buzz, Polymarket bettors aren’t feeling confident about the idea of Microsoft buying Bitcoin. They’ve given it just an 11% chance of approval, showing that most people don’t think shareholders will back the proposal. This low prediction suggests that many are unsure about mixing Bitcoin with a company like Microsoft, known for its stability.
Michael Saylor Pushes for Bitcoin But Faces Resistance
Michael Saylor, the head of MicroStrategy, has pitched the idea to Microsoft’s board, arguing that adding Bitcoin could protect the company from inflation and economic uncertainty. He pointed out that Bitcoin’s value has soared by over 1,200% in the last five years and said that if Microsoft had invested its spare cash in Bitcoin instead of paying dividends and stock buybacks, it could’ve increased its market value dramatically. Saylor sees Bitcoin as a way to potentially boost Microsoft’s market cap from $3.2 trillion to over $8 trillion.
Bitcoin’s limited supply and recognition as digital gold present a major financial opportunity for Microsoft. Saylor suggests converting the company’s cash flows, dividends, and share buybacks into Bitcoin to achieve this.
Microsoft’s Board Not On Board
However, the idea hasn’t been well received by Microsoft’s board. They’ve advised shareholders to vote against it, citing Bitcoin’s volatility and the risk it brings to the company’s overall financial strategy. Microsoft’s leaders are concerned that adding such a risky asset could hurt their solid reputation and make it harder to assess the company’s value.
The Betting Market Thinks It’s Unlikely
On Polymarket, most bettors agree that Microsoft won’t approve the Bitcoin proposal. Many believe that institutional investors already have plenty of options to invest in Bitcoin, so Microsoft doesn’t need to add it to its balance sheet. One bettor even argued that Bitcoin would just complicate things for Microsoft, mixing a volatile asset with the company’s stable investment strategy.
While many bettors are skeptical, a few still think Microsoft might invest a small amount in Bitcoin. They believe Microsoft’s strong cash position might allow them to experiment with Bitcoin without making it a huge part of their strategy. This would let them explore the potential benefits of Bitcoin without taking on too much risk.
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The Big Vote Is Coming Soon
Microsoft shareholders will have the final say when they meet on December 10. This vote will decide whether the tech giant adds Bitcoin to its balance sheet or not. The decision could shape how big companies view Bitcoin as a potential treasury asset in the future.
On a positive note, according to analysts from QCP Capital, the approval of this move could give Bitcoin the necessary push to cross the $100,000 mark before the end of the year.