$Microsoft(MSFT)$ is set to vo

2024-12-03

$Microsoft(MSFT)$ is set to vote on December 10th on whether to invest in Bitcoin.

Bitcoin super bull and founder-chairman Michael Saylor $MicroStrategy(MSTR)$ presented a strong case to the board for incorporating Bitcoin into its balance sheet, stating that if Bitcoin is fully embraced, Microsoft's market value could increase by $5 trillion.

In a 3-minute presentation to Microsoft's board and CEO Satya Nadella, Saylor described Bitcoin as "the best performing non-correlated asset" on a company's books.

He cited data showing how Bitcoin has outperformed Microsoft's stock by up to 10 times on average over the past four years.

Crypto Task Force: Could Bitcoin Be a Strategic Reserve?

Trump signed an executive order to establish a cryptocurrency task force, responsible for proposing new regulations for digital assets and exploring the possibility of creating a national cryptocurrency reserve, fulfilling his promise to quickly reform U.S. crypto policy. The task force will be led by David Sacks, the AI and cryptocurrency commissioner appointed by Trump. ------------------- With new task force established, Is it possible for Bitcoin to become a strategic reserve?

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