At Bitcoin for Corporations 2025, Michael Saylor didn’t hold back. The MicroStrategy exec chairman called on Microsoft to make a historic move: shift its treasury into Bitcoin.
His argument?
Bitcoin isn’t just an asset — it’s the “universal, perpetual, profitable merger partner” in the AI era.
The numbers:
• Microsoft’s 5-year annual growth: 18%
• S&P 500 benchmark: 14%
• Bitcoin’s return: 62%
Saylor’s Mic-Drop Moment:
“Why hold bonds that destroy 99.7% of your capital in 10 years? Even stock buybacks lose 97%. Bitcoin outperforms them all — by 10x.”
The pitch:
Saylor says Bitcoin marks a new monetary era:
• 19th century: Gold
• 20th century: Sovereign debt
• 21st century: Bitcoin – the only liquid, fungible, counterparty-free capital asset.
2024 was the institutional year zero (thanks to spot ETFs and FASB rules).
2025? Year one. First-mover advantage is fading fast.
Final quote:
“Rich people aren’t rich from cash flows. They own hard assets. I’d rather back a wealthy firm than one that bleeds money and just ‘promises to work harder.’”