While the announcement that software company Microsoft will hold a vote on whether to buy Bitcoin has made a big splash in the crypto world, a report by the company on the subject has also emerged.
The “positive” report written by Microsoft analysts on Bitcoin regarding portfolio diversification included many interesting statements and comparisons.
“CPI is a corrupt measurement”
While the report emphasized the power of Bitcoin against inflation, it was written that CPI, also known as CPI in the US, is a corrupt and inaccurate measurement:
“According to CPI; the inflation average in the US in the last 4 years is 5.03%. However, CPI is a corrupt measurement tool that does not reflect the truth. Real inflation is much higher. In fact, some studies indicate that inflation is twice the announced figures.”
“MicroStrategy made a difference”
The report, which also drew attention to MicroStrategy’s Bitcoin purchases and the gains it achieved as a result, provided the following details:
“MicroStrategy is a software company like Microsoft. Unlike Microsoft, Bitcoin is holding. MicroStrategy shares have outperformed Microsoft shares by 313% this year. They have also achieved this gain despite owning a much smaller share of Microsoft’s software business. They are not alone. BlackRock, Microsoft’s second largest shareholder, also provides Bitcoin ETF services to its clients.”
“Risk should not be taken by ignoring Bitcoin”
The report, which stated that Bitcoin is a volatile asset, stated that buying too much could put the value of the stock at risk, but that there would still be risk by ignoring Bitcoin:
“Bitcoin is more volatile than corporate bonds. Therefore, companies should not risk their stocks by buying too much Bitcoin. However, although it is not the best, Bitcoin is also an excellent hedge against inflation. In addition, the company value should not be put at risk by completely ignoring Bitcoin. Companies can consider buying Bitcoin with at least 1% of their assets.”