In a speech to Microsoft's board of directors, Michael Saylor, founder and executive chairperson of MicroStrategy, said that Bitcoin is a central opportunity for the next wave of technological innovation and recommended that Microsoft adopt Bitcoin as a core corporate strategy. Saylor predicted that the market value of Bitcoin will grow from the current $2 trillion to $280 trillion in 2045. In addition, Saylor also recommended that Microsoft invest some of its funds in Bitcoin to replace the traditional dividend distribution and stock buyback strategy, predicting that the move will add up to $4.90 trillion to Microsoft's market value by 2034.