Microsoft is the third most valuable company in the world, behind Nvidia and Apple.
According to the latest financial report, the firm has USD 75,000 million to make investments.
Bill Gates, co-founder of Microsoft, has expressed criticism of bitcoin (BTC) and cryptocurrencies on more than one occasion, highlighting their high volatility and the environmental impact they supposedly generate.
Although the position of the businessman and philanthropist changed In recent years, as a result of the evolution of the market and the institutional adoption of the digital currency created by Satoshi Nakamoto, perhaps it seemed unthinkable that the board of directors of the software development company discuss the possibility of making investments in BTC.
As CriptoNoticias already reported, the technology giant from Redmond, Washington, indicated in a document presented to the United States Securities and Exchange Commission (SEC) that at the next general meeting on December 10, shareholders will evaluate a proposal to invest in bitcoin .
The news generated a shock in the industry that it is the third most valuable company on the planetbehind Apple and Nvidia, and which has a market capitalization of more than $3 trillion.
In the official document submitted to the SEC, the team Global Treasury and Investment Services It regularly evaluates various assets to “protect the company against inflation and diversify its economic risks.”
If the proposal is approved, Microsoft would join other publicly traded companies that have bitcoin in their treasuries as a store of value. That list includes: MicroStrategy (252,220 BTC), Marathon (26,842 BTC), Riot (10,427 BTC), Tesla (9,720 BTC) and Coinbase (9,480 BTC).
Precisely, in the document The company chaired by Michael Saylor is mentioned and it stands out: “Microstrategy, which like Microsoft is a technology company, but unlike Microsoft has BTC on its balance sheet, has had a higher performance of its shares than Microsoft this year , with 313% despite doing only a fraction of the business that Microsoft does.”
The Microsoft Board of Directors, for its part, recommends shareholders to vote against the proposal arguing that “it is unnecessary” due to the volatility of digital currencies like BTC.
Although the end of this story will be known on December 10, it doesn’t hurt speculate how much money Microsoft could invest in bitcoin.
According to your latest financial reportthe company has 75,000 million dollars in its coffers to make investments and cover various operational and strategic needs.
Fidelity, a digital asset firm that runs one of the largest BTC-based exchange-traded funds (ETFs) in the world, suggests allocating at least a percentage that varies from 1% to 5% from wallets to the currency created by Satoshi Nakamoto. That is, it is an investment that ranges between 750 million dollars and 3,750 million.
At the time of publication of this note, the price of BTC is $68,467. Therefore, if you decide to invest that percentage in the digital currency, you would be acquiring between 10,955 BTC and 54,815 BTC.
On January 31, Ark Invest, an investment firm, published that its outlook on how much to invest in the major digital currency was 19.4%. Should Microsoft adopt a more aggressive profile, The total purchase of BTC would be 14 billion dollarsthe equivalent of 204,308 BTC.
Continuing in the realm of speculation, and if Microsoft decided to adopt a more aggressive attitude, similar to that of MicroStrategy, and place those 75,000 million dollars, it would be acquiring 1,092,913 BTC.
Although it did not set any percentage, BlackRock, the world’s largest asset manager, highlighted in its latest report that BTC “is a unique diversifying asset” despite the fact that it still is in its early stages of institutional adoption as a means of global payment and reserve of value.
However, the document maintains that the characteristics of the digital currency make it a hedge against risks that “traditional assets cannot address, particularly in times of geopolitical and economic uncertainty.”
This information is important since one main actionists Microsoft’s institutional partner is BlackRock and perhaps this technical report will help twist the Board of Directors’ decision.
Specifically, the BlackRock study mentions that BTC has a total supply set at 21 million, which makes it different from the fiat money that It is constantly devalued by inflation and central bank issuance.
In times where the federal debt of the United States amounts to more than 35 trillion dollars, BTC is imposed as a refuge to not be directly exposed to government decisions.
The truth is that the digital asset market will be attentive to the events that will occur on December 10. If the result of the vote is positive, could generate upward pressure on the price of bitcoin.