$Microsoft(MSFT)$ 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.

Back to 100K: Can Bitcoin Sprint to 120K Before Trump Takes Office?

Bitcoin rebounded above $100000. Some say that this bull run is entering the very last stage. However, others believe Bitcoin may sprint to 120k-150k after Trump returns and proposes more crypto-friendly policies. With less than half a month until Trump’s inauguration, will Bitcoin repeat last year’s trend? Can Bitcoin sprint to $120k before Trump takes office?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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