The founder of the American company MicroStrategy, Michael Saylor, in a presentation to the board of directors of Microsoft, stated that if the corporation decides to switch to Bitcoin , it will be able to add at least $5 trillion to its capitalization.
In his opinion, it is necessary to convert reserves, as well as cash flows and debts, into Bitcoin This will lead to an increase in the corporation's securities.
Michael Saylor noted that this way you can completely remove risks from your shareholders and add hundreds of dollars to the price of Microsoft shares. To achieve results, the corporation must invest at least $100 billion in Bitcoin every year, the head of MicroStrategy added.
In addition, in his presentation, he calculated that such a move would add $584 to the stock price over the next ten years, especially if by 2034 Bitcoin will reach a price of $1,7 million. The company's capitalization should grow by at least $4,9 trillion.
For clarity, the businessman compared the growth rates of Microsoft, Bitcoin and traditional financial instruments relative to the SP 500 index. According to his calculations, the first kriptovalyuta is growing ten times faster than Microsoft, while traditional investments like real estate, gold and bonds are falling.
So the logical step would be to buy Bitcoin , rather than buying back its own shares. Keeping the first cryptocurrency on the balance sheet is a more rational strategy than doing the same with traditional bonds, the businessman noted.
