Michael Saylor sped by way of 44 slides in simply three minutes throughout a frantic promise-filled pitch supposed to persuade software program titan Microsoft to undertake bitcoin.
Through the PowerPoint speedrun — which noticed one slide seen for simply two seconds — Saylor pitched some fairly extravagant bitcoin advantages. These included the declare that Microsoft might add nearly $5 trillion to its market cap if it adopted the forex and invested $100 billion yearly.
Saylor additionally used bitcoin to discredit Microsoft’s personal inventory. “It makes a lot more sense to buy more bitcoin than to buy your own stock back or to hold bitcoin rather than holding bonds,” he stated whereas a chart confirmed bitcoin outperforming Microsoft by 10x.
He additionally famous that since 2020, Microsoft’s inventory rose 103% whereas MicroStrategy’s surged 3,045%.
Through the presentation, Saylor additionally claimed that bitcoin was freed from 27 totally different dangers, together with capital good points tax, regulation, power, climate, and struggle and crime. Not solely that, he additionally stated that investing in digital capital is free from the issues that include investing in real-life buildings, together with the problems of mayors, tenants, visitors, and “trouble.”
Learn extra: What occurs if MicroStrategy can’t promote sufficient bitcoin to repay lenders?
The pitch additionally touched on bitcoin help from varied exchange-traded funds, mining firms, and nations and famous rising political help from the likes of Donald Trump, JD Vance, and Elon Musk.
“Do the right thing for your customers, employees, shareholders, the country, the world, and your legacy. Adopt bitcoin,” the ultimate slide learn.
It’s price noting that Saylor’s pitch didn’t contact on bitcoin’s risky price motion or the tough nature of predicting it. In the mean time, bitcoin is price roughly $95,000. MicroStrategy at present holds 386,700 cash price over $38 billion.
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