Microsoft is Interested in Bitcoin 🚨
Microsoft has added a notable topic to its annual shareholder meeting this December—a proposal to consider investing in Bitcoin. Shareholders will have the chance to vote on whether Microsoft should include Bitcoin in its investment portfolio.
This proposal wasn’t initiated by Microsoft but by the National Center for Public Policy Research, a conservative think tank known for shaping policy agendas. Microsoft’s board, however, has recommended voting against it, stating that the company already reviews various asset options, including cryptocurrencies, as part of its existing investment strategy.
Microsoft’s Global Treasury and Investment Services team evaluates assets for their potential to guard against inflation, diversify holdings, and respond to economic shifts, such as rising interest rates.
The company noted in its filing that it already considers Bitcoin among other asset options and monitors trends for informed decision-making. However, it also highlighted Bitcoin’s high volatility, making it a more complex choice than traditional assets.
As the third-largest U.S. tech company, valued at over $3 trillion, Microsoft’s approval of this proposal could make it the largest publicly traded Bitcoin investor, potentially surpassing notable crypto holders like MicroStrategy and Tesla. The shareholder vote is set for December 10, and given Microsoft’s standing in the tech world, the outcome could significantly influence corporate investment in Bitcoin.
