....a note from Teeka Tiwari, who had been pitching BTC to his newsletter readers decade ago.
...Dec 10 MSFT vote and Dec 13 decision over MSTR entry into Nasdaq are two strong catalysts that could be an explosive and volatile week for BTC next week
I’m sure a lot of Microsoft shareholders are looking at these results and thinking, “Oh, my Good Lord, can you imagine if we had invested just a small percentage of our cash into bitcoin?”
Column 1 0 The Meeting of Wall Street Kings 1 On December 10, Microsoft is hosting its annual shareholders meeting. 2 As some of the largest stakeholders in Microsoft, representatives from Vanguard, BlackRock, and State Street will be in attendance. 3 These firms are among the five largest asset managers in the world. Combined, they manage nearly $24 trillion in assets. That’s 8x the size of the entire crypto market. 4 And it’s why The Wall Street Journal calls these institutions “The Wall Street Kings.” 5 During the meeting, shareholders will vote on a number of issues that could impact the future of Microsoft, including the board of directors and financial statements. 6 But there’s one proposal on the agenda that could send a niche subsector of coins I’m recommending to the moon. It would allow Microsoft to add bitcoin to the company’s balance sheet. 7 I can’t begin to describe how incredibly bullish a “yes” vote on this proposal would be for bitcoin and the overall crypto market. 8 Microsoft isn’t some run-of-the-mill tech company. It’s the third-largest company on the planet with a market cap over $3 trillion. Only Apple and Nvidia are bigger. 9 For years, I’ve predicted major corporations would add bitcoin to their balance sheets. To me, it was a no brainer. 10 Over a four-year rolling basis, bitcoin has been the best-performing asset compared to stocks, bonds, and gold. 11 Besides that, Microsoft has seen precedent. 12 Electric vehicle maker Tesla bought bitcoin when it was trading at around $38,000. The company holds nearly 10,000 bitcoin on its balance sheet. At the time of this writing, bitcoin is trading just below $100,000. So Tesla has more than doubled its investment. 13 But the most famous case of a company holding bitcoin on its balance sheet involves software services provider MicroStrategy. 14 In 2020, company founder Michael Saylor went all-in on bitcoin. He began buying it by the truckload. At the time, a lot of people laughed at him. Some so-called financial experts even called him insane. Others called him a conman. 15 As of this writing, MicroStrategy sits on more than $38 billion worth of bitcoin. Since 2023, shares of MicroStrategy have jumped by more than 1,800%. Meanwhile, Microsoft shares are up just 80% over the same span. 16 Even though most people have never heard of MicroStrategy, it has outperformed Microsoft by more than 20x. 17
Column 1 0
So it’s not shocking that Saylor agreed to make a three-minute presentation to Microsoft’s board of directors in favor of investing in bitcoin.
In addition to Saylor, Microsoft has pro-crypto insiders on its board. One of them is Reid Hoffman, the founder of LinkedIn and an early investor in Xapo, a key bitcoin custody services provider.
In a recent interview, Hoffman referred to bitcoin as a digital store of value and emphasized its role in reshaping the future of financial systems.
Currently, Microsoft is sitting on almost $80 billion in cash. The company needs to decide what to do with all that money.
The board can either invest in money market accounts or Treasury bonds that yield 4-5% per year…
Or it can invest a tiny portion of that money in an asset that has had an average annual return of 204% over the past decade.
Yes, that’s the average annual return of bitcoin.
To put that into perspective, the stock market has returned an average of 13% during that same period.
Bitcoin has crushed any investment you can think of. It’s not even close. So it makes a lot of sense to invest at least a small portion of your cash in the best-performing asset of the decade.
Based on our research, I think there’s a strong possibility that shareholders will vote in favor of adding bitcoin to Microsoft’s balance sheet.
Let me be crystal clear: This potential move by Microsoft is a one-time event. That’s why you want to position yourself in the tokens that will likely benefit the most from it before it comes.
The Main Event
If Microsoft’s board votes to add bitcoin to the company’s balance sheet, it could easily send bitcoin well over $100,000 again – this time for good.
So this could be your last chance to buy bitcoin under six figures. The next stop is likely $150,000. And over the coming year, $500,000 bitcoin could be a reality.
If Microsoft adds bitcoin to its balance sheet, it will be like putting a barrel of TNT on top of a crate of nitroglycerin on top of 100 tons of weapons-grade plutonium.
The moves higher will be breathtaking.[/table]
