Michael Saylor, head of MicroStrategy, recently presented a bold plan to Microsoft’s board of directors: invest in Bitcoin to increase shareholder value by a staggering $5 trillion by 2034. Despite the enthusiasm surrounding the idea , Polymarket bettors are not optimistic. They have given it only an 11% chance of approval, suggesting that most people do not believe shareholders will support the proposal.
This low prediction highlights the uncertainty about mixing Bitcoin with a company known for its stability.
A radical plan to boost market value
Saylor argues that investing in Bitcoin could help Microsoft protect itself from inflation and economic uncertainty. He noted that Bitcoin has risen more than 1,200% in the last five years. If Microsoft had invested its excess money in Bitcoin instead of spending it on dividends and share buybacks, Saylor believes the company’s market value could have skyrocketed. He envisions that Bitcoin will help Microsoft grow its market capitalization from $3.2 trillion to more than $8 trillion.
Microsoft: not on board?
Saylor sees Bitcoin’s limited supply and growing reputation as “digital gold” as a major financial opportunity for Microsoft. He suggests converting the company’s cash flows, dividends, and share buybacks into Bitcoin to unlock its growth potential.
However, Microsoft’s board of directors has not accepted the idea. They advised shareholders to vote against it, citing Bitcoin’s volatility and the risks it could pose to the company’s financial stability. There are also concerns about how adding such a volatile asset could complicate Microsoft’s financial strategy and damage its reputation.
The betting market thinks it is unlikely
On Polymarket, most bettors agree that Microsoft will not approve the Bitcoin proposal. Many believe that institutional investors already have many options to invest in Bitcoin, so Microsoft does not need to add it to its balance sheet. One bettor even argued that Bitcoin would simply complicate things for Microsoft, mixing a volatile asset with the company’s stable investment strategy.
While most bettors doubt Microsoft will fully embrace Bitcoin, some think the company could still make a small investment. With its strong cash reserves, Microsoft could experiment with Bitcoin without compromising a large part of its strategy. This approach would allow the company to explore the potential of Bitcoin without taking on too much risk.
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The big vote is coming soon
Microsoft shareholders will make the final decision on December 10. Your vote will determine whether the company adds Bitcoin to its balance sheet, which could have a lasting impact on how other major companies view Bitcoin as a treasury asset.
If Microsoft’s board of directors approves the proposal, analysts at QCP Capital believe it could skyrocket the price of Bitcoin, possibly surpassing the $100,000 mark before the end of the year.
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