MicroStrategy (NASDAQ:MSTR) executive chairman Michael Saylor humorously reached out to Microsoft (NASDAQ:MSFT) CEO Satya Nadella, suggesting he can help with the company’s Bitcoin (CRYPTO: BTC) strategy.
What Happened: In a post on X on Friday, Saylor advised Nadella that if he's interested in creating the next trillion-dollar opportunity, he should reach out. This comes as Microsoft, per an SEC filing, prepares to discuss a possible Bitcoin investment at its December shareholder meeting.
MicroStrategy, despite being much smaller, has outperformed Microsoft by 313% largely due to its Bitcoin holdings. The company’s total bitcoin holdings as of Oct. 20 stand at 252,220, worth $9.91 billion.
Microsoft's second-largest shareholder, BlackRock (NYSE:BLK), has already shown confidence in Bitcoin, offering its clients a Bitcoin ETF.
Why It Matters: Saylor's message highlights MicroStrategy's strong performance amid its heavy Bitcoin investments, with the company's stock up 444% over the past year, including a 244% YTD increase.
Investor confidence in MicroStrategy recently grew as BlackRock raised its stake in the company to 5.2%, making MicroStrategy a key entry point for institutional Bitcoin exposure.
What’s Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.
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This article Michael Saylor's Proposal To Microsoft CEO Satya Nadella: 'If You Want To Make The Next Trillion Dollars For Shareholders, Call Me' originally appeared on Benzinga.com