Bitcoin is the ultimate asset for a company like Microsoft, according to MicroStrategy founder Michael Saylor in a three-minute presentation to the tech giant.

“Microsoft cannot afford to miss the next technological wave, and Bitcoin is that wave. It represents the greatest digital transformation of the 21st century—a symbol of digital capital,” Saylor stated, addressing Microsoft CEO Satya Nadella and the board of directors.

Saylor argued that it would be far more beneficial for Microsoft to invest in and hold Bitcoin rather than repurchasing its own shares or maintaining bonds.

He highlighted that over the past five years, Microsoft has lost hundreds of billions of dollars in capital while increasing shareholder risk. This, he emphasized, is why the company needs an asset free from counterparty risk.

The MicroStrategy co-founder suggested that Microsoft could boost its stock value by $584 per share and add $4.9 trillion to its market capitalization by 2034 if it redirected its cash flow, dividends, share buybacks, and debt into Bitcoin.