Michael Saylor will deliver a 3-minute speech to the Microsoft board, convincing Microsoft to invest in BTC

MicroStrategy founder Michael Saylor said today that he will pitch Microsoft's board of directors, explaining why Microsoft should buy BTC. The Microsoft shareholders' meeting will be held on December 10th, when shareholders will vote to include BTC in the company's balance sheet. In late October, a proposal to invest 1% of Microsoft's total assets in BTC caused a stir in the market. Despite Microsoft's recommendation to vote against it due to high volatility, BTC has surged to nearly $24,000 and is now at $92,000. The outcome of Microsoft's shareholder meeting on December 10th will be closely watched to see if the proposal is approved. Michael Saylor will pitch BTC investment strategy to Microsoft's board. According to a report by Cointelegraph, in today's X Spaces hosted by asset management company VanEck, Michael Saylor, founder of MicroStrategy, which holds the most BTC in the US and has seen its stock price nearly double in the past month, said he will make a 3-minute 'pitch' to Microsoft's board, explaining why Microsoft should buy BTC and claiming that this move will make Microsoft a more stable and less risky stock. Saylor pointed out that 98.5% of Microsoft's enterprise value is leveraged through its quarterly earnings, while 1.5% of its stock value comes from its tangible assets. He believes that if half of the stock's enterprise value is based on tangible assets or properties like BTC, it will be a more stable stock with lower risk. Therefore, he believes there is a strong argument for shareholders to do this. The outcome of Microsoft's shareholder meeting on December 10th is still pending. The proposal, initiated by the conservative think tank National Center for Public Policy Research (NCPPR), suggests that Microsoft should study investing in BTC as a hedging tool against inflation and other macroeconomic impacts. NCPPR believes that BTC, even if not the best, is the best means of hedging against inflation, and that the company should invest at least 1% of its total assets in BTC. NCPPR also emphasized MicroStrategy's BTC investment strategy, noting that it only makes up a small part of Microsoft's business, yet its stock price has risen more than 300% this year compared to Microsoft. In addition, the adoption of BTC through BTC Spot ETFs by institutions and businesses is becoming more common. However, Microsoft's board of directors recommends shareholders to vote against it, stating that 'volatility' is a factor to consider when evaluating the impact of cryptocurrency investment on the company's finances. The past evaluation has already taken BTC and other cryptocurrencies into consideration, and Microsoft will continue to monitor trends and developments related to cryptocurrency to provide information for future decisions. Microsoft's board of directors currently consists of 12 members, including CEO Nadella, who also serves as chairman, as well as senior executives from Disney, Citigroup, Wells Fargo, and GlaxoSmithKline. Ethan Peck, deputy director of the NCPPR's Free Enterprise Project, previously warned that if Microsoft does not invest in BTC and its price rises thereafter, shareholders may have cause to sue the company.