{"id":36597,"date":"2021-02-17T15:26:21","date_gmt":"2021-02-17T13:26:21","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36597"},"modified":"2025-08-29T07:08:50","modified_gmt":"2025-08-29T04:08:50","slug":"microsoft-president-no-plans-to-invest-in-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/microsoft-president-no-plans-to-invest-in-bitcoin\/","title":{"rendered":"Microsoft president: no plans to invest in Bitcoin"},"content":{"rendered":"<p>Microsoft, the third-largest company in the world by market capitalization, has no plans to move cash reserves into Bitcoin in the near term. This comes from an interview with Brad Smith, the company&#8217;s president, on CNN.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">The <a href=\\\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BTC<\/a> balance sheet!<\/p>\n<p>I\u2019m asking every Pres &#038; CEO on <a href=\\\"https:\/\/twitter.com\/firstmove?ref_src=twsrc%5Etfw\\\">@firstmove<\/a> what they are thinking re digital asset\/cash diversification.<\/p>\n<p>It\u2019s a no from <a href=\\\"https:\/\/twitter.com\/Microsoft?ref_src=twsrc%5Etfw\\\">@Microsoft<\/a> but if anything changes <a href=\\\"https:\/\/twitter.com\/BradSmi?ref_src=twsrc%5Etfw\\\">@BradSmi<\/a> promises you\u2019ll hear it here first!! \ud83d\ude09 <a href=\\\"https:\/\/t.co\/uK3Zh11M5c\\\">pic.twitter.com\/uK3Zh11M5c<\/a><\/p>\n<p>\u2014 Julia Chatterley (@jchatterleyCNN) <a href=\\\"https:\/\/twitter.com\/jchatterleyCNN\/status\/1361728485589409797?ref_src=twsrc%5Etfw\\\">February 16, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to First Move host Julia Chatterley, after <a href=\"https:\/\/forklog.com\/en\/news\/elon-musks-tesla-invested-1-5-billion-in-bitcoin-the-assets-price-rose-to-44800\">Tesla&#8217;s $1.5 billion investment in Bitcoin<\/a>, she traditionally asks guests whether their companies diversify capital into digital assets.<\/p>\n<p>Brad Smith replied that he is not aware of such plans.<\/p>\n<blockquote>\n<p>\u00abI haven&#8217;t heard any new talks about Bitcoin. But let me just say: if we change our investment policy on digital assets, Julia, you\u2019ll hear about it here first or at least second\u00bb, \u2014 said the executive.<\/p>\n<\/blockquote>\n<p>In August 2020, the American analytics software provider MicroStrategy became the first publicly traded company to <a href=\"https:\/\/forklog.com\/en\/news\/microstrategy-becomes-the-first-nasdaq-listed-company-to-invest-part-of-its-capital-in-bitcoin\">transfer a portion of its reserves into Bitcoin<\/a>. According to <a href=\\\"https:\/\/bitcointreasuries.org\/\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">Bitcoin Treasuries<\/a>, the firm has invested a total of $1.145 billion in Bitcoin, including <a href=\"https:\/\/forklog.com\/en\/news\/microstrategy-raises-650-million-for-bitcoin-purchase\">$650 million of debt financing<\/a>.<\/p>\n<p>In 2021 MicroStrategy said that <a href=\"https:\/\/forklog.com\/en\/news\/microstrategy-to-explore-new-bitcoin-investment-opportunities\">they would explore new opportunities<\/a> for investing in Bitcoin, and subsequently announced a new round of bond sales for <a href=\"https:\/\/forklog.com\/en\/news\/microstrategy-to-raise-600-million-to-buy-bitcoin\">a $600 million bond offering for cryptocurrency investments<\/a>.<\/p>\n<p>In the autumn, Square, Jack Dorsey&#8217;s company, <a href=\"https:\/\/forklog.com\/en\/news\/square-invested-50-million-in-bitcoin\">converted part of its capital<\/a> into digital gold.<\/p>\n<p>In early February, it emerged that one of the world\u2019s largest market-cap companies, Tesla, led by Elon Musk, invested in Bitcoin.<\/p>\n<p>The cryptocurrency market by total market value recently surpassed $1.5 trillion, according to CoinGecko. By this measure it approached Amazon and trailed Microsoft by around $300 billion, according to Coin98 Analytics.<\/p>\n<div id=\\\"attachment_125119\\\" style=\\\"width: 2510px\\\" class=\\\"wp-caption alignnone\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-125119\\\" class=\\\"wp-image-125119 size-full\\\" src=\\\"https:\/\/forklog.com\/wp-content\/uploads\/EuZfZSxVIAUzDMH.jpg\\\" alt=\\\"Microsoft president: no plans to invest in Bitcoin\\\" width=\\\"2500\\\" height=\\\"1406\\\" srcset=\\\"https:\/\/forklog.com\/wp-content\/uploads\/EuZfZSxVIAUzDMH.jpg 2500w, https:\/\/forklog.com\/wp-content\/uploads\/EuZfZSxVIAUzDMH-300x169.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/EuZfZSxVIAUzDMH-1024x576.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/EuZfZSxVIAUzDMH-768x432.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/EuZfZSxVIAUzDMH-1536x864.jpg 1536w, https:\/\/forklog.com\/wp-content\/uploads\/EuZfZSxVIAUzDMH-2048x1152.jpg 2048w\\\" sizes=\\\"auto, (max-width: 2500px) 100vw, 2500px\\\" \/><\/p>\n<p id=\\\"caption-attachment-125119\\\" class=\\\"wp-caption-text\\\">Data: Coin98 Analytics.<\/p>\n<\/div>\n<p>Bitcoin&#8217;s market cap after the price rose to levels above <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-price-breaks-through-the-51000-level\">$51,000<\/a> reached $960 billion. That is higher than the value of such companies as Google, Facebook or Tesla.<\/p>\n<p>Follow Forklog news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\"> Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft, the third-largest company in the world by market capitalization, has no plans to move cash reserves into Bitcoin in the near term. This comes from an interview with Brad Smith, the company&#8217;s president, on CNN.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[52,15],"class_list":["post-36597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-investments","tag-microsoft"],"aioseo_notices":[],"amp_enabled":true,"views":"41","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/36597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=36597"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/36597\/revisions"}],"predecessor-version":[{"id":36598,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/36597\/revisions\/36598"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=36597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=36597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=36597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}