Michael Saylor sped through 44 slides in just three minutes during a frantic promise-filled pitch intended to convince software titan Microsoft to adopt bitcoin.

During the PowerPoint speedrun — which saw one slide visible for just two seconds — Saylor pitched some pretty extravagant bitcoin benefits. These included the claim that Microsoft could add almost $5 trillion to its market cap if it adopted the currency and invested $100 billion annually.

Saylor also used bitcoin to discredit Microsoft’s own stock. “It makes a lot more sense to buy more bitcoin than to buy your own stock back or to hold bitcoin rather than holding bonds,” he said while a chart showed bitcoin outperforming Microsoft by 10x.

He also noted that since 2020, Microsoft’s stock rose 103% while MicroStrategy’s surged 3,045%.

During the presentation, Saylor also claimed that bitcoin was free of 27 different risks, including capital gains tax, regulation, energy, weather, and war and crime. Not only that, he also said that investing in digital capital is free from the problems that come with investing in real-life buildings, including the issues of mayors, tenants, traffic, and “trouble.” 

Read more: What happens if MicroStrategy can’t sell enough bitcoin to repay lenders?

The pitch also touched on bitcoin support from various exchange-traded funds, mining companies, and countries and noted increasing political support from the likes of Donald Trump, JD Vance, and Elon Musk. 

“Do the right thing for your customers, employees, shareholders, the country, the world, and your legacy. Adopt bitcoin,” the final slide read.

It’s worth noting that Saylor’s pitch didn’t touch on bitcoin’s volatile price action or the difficult nature of predicting it. At the moment, bitcoin is worth roughly $95,000. MicroStrategy currently holds 386,700 coins worth over $38 billion.

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Scammers have hacked the X (formerly Twitter) account of Microsoft India and are reportedly impersonating GameStop pumper Keith Gill, aka Roaring Kitty, to share crypto wallet drainers. 

Late on Monday, the Microsoft India account started reposting videos from Roaring Kitty’s account to its 211,000 followers while also replying to individual accounts with fraudulent crypto airdrops. 

The replies start with “In honor of our return, we decided to launch Presale….” before sharing a link to a fake Roaring Kitty website the scammers claim will allow users to buy GameStop (GME) crypto in a pre-sale. 

To help the scammer’s credibility, the account also boasts a golden checkmark that declares the account ‘official.’ According to Bleeping Computer, anyone linking their crypto wallet to the fraudulent site will lose all of their funds to the scammer’s wallet drainer.

The scammers are presumably masquerading as Roaring Kitty in an effort to capitalize on the recent hype surrounding Gill’s social media return and the effect it appears to have had on GameStop trading.

Memes posted by Gill to X last month look to have caused a surge in GME stock trading and altcoins while also pumping a crypto made with the GME ticker that now has a 24-hour volume of roughly $324 million. 

His most recent post, a reverse uno card, garnered 11 million views and over 79,000 likes on X. Shortly after the post, GME stocks rose from $22.91 to over $40.00. 

Read more: Opinion: Roaring Kitty looks to have returned as a pump-and-dumper

On the same day, Gill revealed his portfolio on Reddit with $115 million in GameStop stock and ~$66 million in GameStop call options.

At the time of publication, the profile picture of the hacked account was changed from the Roaring Kitty image to the default image and the username was set to a singular full stop.

A Microsoft spokesperson has since told Protos, “We can confirm the account has been secured and we are investigating what occurred.”

Update June 6, 16:49 UTC: Added a response from Microsoft.

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A massive, multi-hour outage of Microsoft’s application programming interface (API) used by its Bing search division has caused unprecedented interruptions for millions of people.

Bing, which has over 9% global search market share, also serves critical features for the privacy-conscious DuckDuckGo search engine, AI tools like ChatGPT, and the code development assistant CoPilot. All were offline today for a number of hours.

Complaints rained in across social media as default search engines for millions of browsers returned errors, suspenseful spinning icons, empty search results, and error pages.

Protos reporters began experiencing search engine errors on Bing and DuckDuckGo a couple of hours after midnight New York time.

Problems at Microsoft look to have begun as early as late Wednesday. By 8pm, Microsoft admitted, “We’re aware of and investing reported issues accessing the Microsoft 365 admin center.”

Read more: Andrew Tate seems confused as he dumps bitcoin to buy GameStop

To call Microsoft a giant is an understatement. It’s the largest publicly traded company in the US with a $3.2 trillion market cap. Despite its size — and trillion-dollar lead on the size of its competitor, Google — it has less than 10% global market share of search queries.

Google, by far the world’s dominant search engine, has over 83% market share.

Google remained online during the Bing and DuckDuckGo outages, providing it hours of invaluable search data from frustrated users of its competitors.

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