Microsoft Shareholders to Vote on Bitcoin Investment Despite Board's Warning
Microsoft shareholders face a critical decision on a Bitcoin investment plan this December. The board opposes the proposal of the National Center for Public Policy Research (NCPPR). The group says Bitcoin works well against inflation. JUST IN: Per an SEC filing, Microsoft will have a proposed board resolution for an "Assessment of Investing in Bitcoin". The board is recommending that shareholders vote AGAINST the proposal. pic.twitter.com/0WveygitH9 — TFTC (@TFTC21) October 24, 2024 They suggest companies put at least 1% of their assets into cryptocurrency. Major corporations like Microsoft are now showing more interest in using Bitcoin to spread their investments, and the vote comes as more companies seek new ways to protect their assets. Also Read: SEC Can’t Stop It: Ripple CEO Predicts Inevitable XRP ETF Approval Exploring the Potential Impact of Microsoft’s Shareholders Voting on Bitcoin Investment The Proposal’s Foundation NCPPR points to Bitcoin’s strong pe...