Michael Saylor Invites Microsoft CEO Satya Nadella for Bitcoin Adoption Advice Amid Current Market Trends

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Michael Saylor, the CEO of MicroStrategy, has openly invited Microsoft CEO & Chairman Satya Nadella to discuss the benefits and strategies of Bitcoin adoption. This public invitation comes amidst Microsoft’s latest announcement urging its shareholders to oppose a proposal suggesting the company invest in Bitcoin, citing potential risks tied to the cryptocurrency’s price volatility.

Microsoft’s board expressed its recommendation against Bitcoin investment, suggesting it may not align with the company’s risk tolerance. This decision followed a recent proposal from the National Center for Public Policy Research, which encouraged Microsoft to consider Bitcoin as a hedge against inflation and diversify its investment portfolio.

In the same filing, Microsoft made a notable reference to MicroStrategy, a Nasdaq-listed business intelligence firm that has become famous for its Bitcoin strategy. Since adding Bitcoin to its balance sheet in 2020, MicroStrategy’s stock has outperformed Microsoft’s, making it an example of how Bitcoin holdings can contribute to strong financial performance. Following this mention, Michael Saylor seized the opportunity to publicly invite Nadella to discuss how Bitcoin adoption could benefit Microsoft’s stock performance. He implied that adopting a similar approach could potentially boost Microsoft’s stock performance, just as it has done for MicroStrategy.

So far, Microsoft has not issued a response to Saylor’s invitation, leaving the public to speculate on whether the tech giant might ever consider Bitcoin adoption. Several users on Crypto X (formerly Twitter) have suggested that Nadella should at least consider the discussion, especially given Microsoft’s considerable $75 billion cash reserve. They argue that allocating even a small portion of this reserve, such as a few billion dollars, to Bitcoin could potentially yield positive returns for Microsoft without significantly impacting the company’s overall financial stability. Many users are also noting the ongoing “institutional Bitcoin adoption race” and how tech giants may eventually feel pressured to join.

Saylor and His Controversial Views on Bitcoin Custody

Michael Saylor, while a major proponent of Bitcoin, has recently faced criticism from the crypto community regarding his stance on Bitcoin custody. In a recent interview, Saylor suggested that users consider allowing banks to hold their Bitcoin, which sparked a wave of criticism from Bitcoin enthusiasts who advocate for self-custody.

Saylor later clarified his position, explaining that he still supports self-custody for individuals who are capable of safely managing their private keys. He highlighted, however, that self-custody may not be suitable for everyone, as it carries the risk of fund loss if the private key is lost. This indirect statement appeared to emphasise the importance of safe Bitcoin management, especially as larger institutions like banks and tech companies start considering digital assets.

I support self-custody for those willing & able, the right to self-custody for all, and freedom to choose the form of custody & custodian for individuals & institutions globally. #Bitcoin benefits from all forms of investment by all types of entities, and should welcome everyone.

— Michael Saylor⚡️ (@saylor) October 23, 2024

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