Microsoft, one of the world’s tech titans, is toying with Bitcoin. Yep, we’re talking corporate crypto here, and experts say this reflects a shifting vibe among big public companies, with BTC becoming a card on the treasury table. They’re sizing up Bitcoin as a diversification tool — a way to hedge risks, keep shareholder value secure, and stay in the lead.
Microsoft Board Split on Bitcoin Strategy
Rumors are swirling that Microsoft might add Bitcoin to its balance sheet, but it’s no done deal. The board’s urging shareholders to vote down a proposal that suggests investing at least 1% of assets in Bitcoin. Some see it as a cautious move, others a missed chance. With inflation on the rise and markets in turmoil, Bitcoin’s ten-year run has caught corporate eyes.
Daniel Cawrey, Chief Strategy Officer at Tonkeeper, gave his two sats to Bitcoin.com News, calling Microsoft’s internal debate “progress” for BTC. “It’s noteworthy that Microsoft’s board is recommending against this idea,” he said. “However, the fact that some Microsoft stakeholders advocate for this strategy suggests it’s at least being considered in boardrooms. This is a positive development for Bitcoin as a diversification tool, as it’s sparking spirited debate — which is great.”
Not All In: A Gradual Approach to BTC for Corporates
Both Cawrey and Nate Holiday, CEO of Space and Time, agree that Microsoft isn’t likely to drop its entire $76 billion in cash reserves into Bitcoin anytime soon. Treasury teams, they say, work on long-term horizons, managing risk slowly, like a chess game. Holiday explained Microsoft’s treasury pros aren’t planning to firehose the market with one big BTC buy. They’d adopt a careful, layered approach, ensuring no massive market ripple.
Holiday also pointed out that Microsoft’s interest isn’t their first foray into the Web3 world. The company’s “robust” investment arm already showed its crypto cards back in 2022, investing in Holiday’s firm. But this time, Microsoft’s boardroom debate over BTC could open new corporate doors to crypto. “Treasury and investment teams are sophisticated professionals. The idea that $76 billion would be poured into an asset all at once seems unlikely.”
In today’s market, the BTC landscape has evolved, with deeper liquidity and a mature trading ecosystem. Cawrey suggests that, unlike in 2017-18, Bitcoin acquisitions won’t be so likely to rock the boat. Corporates have options — OTC desks, market makers, ETFs — to ease BTC into their portfolios without a fuss. So, whether Microsoft gives the green light or not, the crypto world’s watching this chess match closely.
Drop Your 2 Sats 👇
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