Hello!
Today Michael Saylor published 2 tweets. The first one is that they bought 15,000 Bitcoin and they are now hodling more than 400,000 Bitcoin in the Balance sheet of Microstrategy.
The average purchase price of the Bitcoin that they hold is currently $58,263, but this price will continue to rise because they will be buying the top forever. The amazing part is that they managed to give a 63,3% yield on Bitcoin year to date. This means that every stock share now hodls more 63,3% more Bitcoin than it hodled at the beginning of the year.
The other tweet is the following:
My 3-minute presentation to the $MSFT Board of Directors and @SatyaNadella, articulating why the company should do the right thing and adopt #Bitcoin.
And here you have it:
In this tweet Michael explains to the Microsoft board of directors why they should consider to buy Bitcoin and hold the asset in the Balance sheet of the business. There are a lot of slides in this presentation, somebody counted them and the average time per slide is 3 seconds. Oh my god!! It’s funny, Michael has so much to say that it had to put everything in 3 minutes and he managed to say the most important things.
The Microsoft board of directors will probably dismiss this recommendation, and in a couple of years they will regret not giving Michael 3 hours instead of 3 minutes to explain to them why they should buy the hardest asset on earth.
Have a great day!