Michael Saylor, CEO of MicroStrategy and a prominent Bitcoin advocate, has urged Microsoft to replace traditional bond investments with Bitcoin holdings. This bold suggestion is sparking debate in the corporate finance world. Saylor argues that Bitcoin’s historical performance far exceeds bonds and stock repurchases, offering investors greater potential returns and stability against inflation and market volatility. He emphasizes the need for businesses to embrace digital capital in their financial strategies, highlighting Bitcoin as a superior asset class. MicroStrategy, Saylor’s company, has heavily invested in Bitcoin, demonstrating its commitment to this strategy. While some believe that Microsoft could potentially generate trillions of dollars more through this shift, others remain cautious about the volatility and regulatory uncertainty surrounding Bitcoin. This debate presents a significant turning point for corporate finance as businesses grapple with the potential long-term impact of adopting Bitcoin for treasury management.