On May 7th, COINOTAG News reported that Strategy Board Chairman Michael Saylor has reiterated his call for Microsoft to revise its capital allocation framework. Saylor advocates for a pivot from traditional investments, such as bonds and stock buybacks, towards the integration of Bitcoin into their portfolio. He asserts that this strategic shift could enhance shareholder value while concurrently mitigating corporate risk.
Evaluating data from TradingView, Bitcoin has demonstrated an impressive average annual return of approximately 53% over the last five years, contrasting sharply with Microsoft’s more modest 6%. During this period, Bitcoin’s value has surged by over 950%, while Microsoft’s growth has been limited to around 148%. Saylor posits that Bitcoin’s unique qualities make it a liquid alternative asset, suggesting it could serve as a contemporary substitute for bonds in modern financial strategies.