{"id":42543,"date":"2024-12-03T07:19:29","date_gmt":"2024-12-03T07:19:29","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/michael-saylor-urges-microsoft-to-adopt-bitcoin-says-it-represents-digital-capital\/"},"modified":"2024-12-03T07:19:29","modified_gmt":"2024-12-03T07:19:29","slug":"michael-saylor-urges-microsoft-to-adopt-bitcoin-says-it-represents-digital-capital","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/michael-saylor-urges-microsoft-to-adopt-bitcoin-says-it-represents-digital-capital\/","title":{"rendered":"Michael Saylor urges Microsoft to adopt Bitcoin, says it represents digital capital"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/MicroStrategy-buys-bitcoin-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/MicroStrategy-buys-bitcoin-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/MicroStrategy-buys-bitcoin-1-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/MicroStrategy-buys-bitcoin-1-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li aria-level=\"1\">Michael Saylor said Bitcoin represents the \u201cgreatest digital transformation of the 21st century\u201d<\/li>\n<li aria-level=\"1\">Saylor believes it \u201cmakes sense\u201d for Microsoft to buy and hold Bitcoin rather than buy stock back or hold bonds<\/li>\n<li aria-level=\"1\">Over the past five years, Saylor said that Microsoft has surrendered hundreds of billions of dollars of capital<\/li>\n<\/ul>\n<p>Michael Saylor has told Microsoft that Bitcoin is the best asset a company should own, claiming it represents the \u201cgreatest digital transformation of the 21st century.\u201d<\/p>\n<p>Taking to <a href=\"https:\/\/x.com\/saylor\/status\/1863323760511627565\" target=\"_blank\" rel=\"noopener\">X<\/a>, Saylor, CEO of <a href=\"https:\/\/coinjournal.net\/search\/microstrategy\">MicroStrategy<\/a>, posted a three-minute video tagging Satya Nadella, Microsoft\u2019s chair and CEO, and its board of directors. In the video, Saylor said:<\/p>\n<p>\u201cMicrosoft can\u2019t afford to miss the next technology wave, and Bitcoin is the next wave. Bitcoin represents the greatest digital transformation of the 21st century; it represents digital capital.\u201d<\/p>\n<p>Talking about long-term capital, Saylor noted that risk \u2013 including general taxes, politics, recession, regulation, war, and the weather \u2013 is destroying over $10 trillion in capital each year.<\/p>\n<p>Because of this, investors are turning their attention to digital capital, such as Bitcoin, to avoid these risks. In Saylor\u2019s view, \u201cit makes sense\u201d for Microsoft to buy and hold Bitcoin rather than buy back stock or hold bonds.<\/p>\n<p>\u201cIf you\u2019re going to outperform, you\u2019re going to need Bitcoin,\u201d Saylor said. \u201cYou\u2019ve surrendered hundreds of billions of dollars of capital over the past five years, and you\u2019ve just amplified the risks that your own shareholders face. If you want to escape that vicious cycle, you\u2019re going to need an asset without counterparty risk.\u201d<\/p>\n<p>In Saylor\u2019s opinion, that lies with Bitcoin.<\/p>\n<h2>MicroStrategy is fully behind Bitcoin<\/h2>\n<p>Since August 2020, MicroStrategy has been <a href=\"https:\/\/coinjournal.net\/news\/microstrategy-buys-21454-bitcoins-claims-its-better-than-cash\/\">buying Bitcoin<\/a>. Since then, the company now holds 402,100 Bitcoin, valued at more than $38.4 billion, according to <a href=\"https:\/\/www.mstr-tracker.com\/\" target=\"_blank\" rel=\"noopener\">MSTR-Tracker<\/a>.<\/p>\n<p>Earlier this month, MicroStrategy <a href=\"https:\/\/coinjournal.net\/news\/microstrategy-buys-another-4-6-billion-of-bitcoin\/\">purchased an extra 51,780 Bitcoin<\/a>, valued at $4.6 billion. In a post on <a href=\"https:\/\/x.com\/saylor\/status\/1863569873713955156\" target=\"_blank\" rel=\"noopener\">X<\/a> yesterday, Saylor posted that the company had bought an extra 15,400 Bitcoin at $95,976 per Bitcoin.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">MicroStrategy has acquired 15,400 BTC for ~$1.5 billion at ~$95,976 per <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#bitcoin<\/a> and has achieved BTC Yield of 38.7% QTD and 63.3% YTD. As of 12\/2\/2024, we hodl 402,100 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> acquired for ~$23.4 billion at ~$58,263 per bitcoin. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MSTR<\/a> <a href=\"https:\/\/t.co\/K3TK4msGp0\">https:\/\/t.co\/K3TK4msGp0<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1863569873713955156?ref_src=twsrc%5Etfw\">December 2, 2024<\/a><\/p>\n<\/blockquote>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/michael-saylor-urges-microsoft-to-adopt-bitcoin-says-it-represents-digital-capital\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Michael Saylor said Bitcoin represents the \u201cgreatest digital transformation of the 21st century\u201d Saylor believes it \u201cmakes sense\u201d for Microsoft to buy and hold Bitcoin rather than buy stock back or hold bonds Over the past five years, Saylor said that [&hellip;]<\/p>\n","protected":false},"author":3947362367,"featured_media":42544,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/42543"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362367"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=42543"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/42543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/42544"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=42543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=42543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=42543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}