In Bitcoin for 2025 companies, the executive president of Microstrategy, Michael Saylor, transformed his speech into a direct challenge for one of the giants richest in cash in the technological sector. Speaking To an audience of chief financial officers and Treasury executives, he argued that Microsoft should move tens of billions of dollars of share buybacks and short-term treasures to bitcoin, calling cryptocurrency “the age of universal, perpetuable” age which is extinuated from all the other assets of the artificial intelligence age.
Microsoft needs Bitcoin: Saylor
Saylor framed the comparison clearly. “Microsoft has increased by 18% per year in the past five years. Bitcoin has increased by 62%,” he said, adding that the growth rate composed of the S&P 500 of approximately 14% defines the obstacle rate by which the capital allowance is judged. “Normalize all against this cost of capital and you discover that the real performance of Microsoft is 4%. Bitcoin is 48%. The obligations are negative. Why would you hold what destroys capital when the APEX asset aggravates almost 50%above the cost of money?”
He then focused on the current Microsoft assessment mixture. “If Microsoft buys obligations, you destroy 99.7% of your capital over ten years,” he said. “The purchase of your own stock is only slightly less catastrophic – you vaporize 97%. The purchase of Bitcoin would be ten times better than buying MSFT. ”
Saylor's argument is based on his conviction that Bitcoin inaugurates a third monetary era. “Gold was silver from the 19th century; sovereign debt was silver from the 20th century. Bitcoin is silver from the 21st century-the first active in liquid and fungible capital without compensation,” he said. It dates from the institutional “zero year” for Bitcoin until 2024, “at the time when the dry ETFs injured Spot and FASB reported an equitable value accounting”. According to this chronology, 2025 is the “first year” and the window for the advantage of the first engine is already shrinking.
To quantify the increase, Saylor revealed that his team was directing Microsoft via the Open Source “bitcoin 24” Treasury modeling tool. Four scenarios were tested by stress: sweeping excess money in Bitcoin, substituting dividends for purchases of parts, replacing the buyouts with an accumulation and adding a thin layer of lever. “According to the mixture, it adds $ 155 to $ 584 per share-one to five dollars of business value, while taking less risks,” he said. “I ask you to stop giving up the capital that you have just spent five years to win.”
The emotionally loaded moments of the arrangement came when Saylor linked the Treasury policy to operational tension. “When you drop $ 200 billion, you amplify all risk factors in your own prospectus,” he warned. “You put massive pressure on your employees, then on your customers – glass in three -year contracts, force them to buy everything when they only want certain things – so your competitors complain and regulators are continuing.
He pressed the point with a thought experience targeting the Board of Directors of Microsoft. “If you could buy a company of a hundred billion dollars, growth of 60% per year at a time, would you do it?” What if you could do it every year, forever? ” He asked. “It's Bitcoin. The irony is that the least risky acquisition imaginable is perceived as risky by consensual funding. ”
🇺🇸 Michael Saylor has just called Microsoft to buy $ 75 billion in #Bitcoin And make 4 dollars
It happens !!! 🚀 pic.twitter.com/ujyhwqua0e
– Vivek⚡️ (@ vivek4real_) May 6, 2025
Saylor has reserved his longest uninterrupted passage for an end attractiveness: “The rich are not rich due to a future expectation of cash flows; They are rich because they have hard active ingredients. I prefer to be invested in a rich company than in a company that gives its money and promises to work harder and increasing prices on AD infinitum customers. ”
He added: “You can hang on to a capital of the 20th century – Treasury invoices, share buybacks, dividends – or you can kiss the future, capitalize on bitcoin and transform a decapitalization spiral in progressive growth. It is good for your customers, your employees, your shareholders, your country and your inheritance. Adopt Bitcoin.”
The $ 75 billion stenography circulating in the conference corridors reflects Microsoft's authorized redemption and two years of front dividends fell in a single digital asset allocation. In particular, Microsoft shareholders voted against a proposal to add Bitcoin to the company's balance sheet at the meeting of the firm on December 10.
At the time of the press, BTC exchanged $ 96,521.
Youtube star image, tradingView.com graphic
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