Microsoft faces potential legal action from shareholders if it decides against investing in Bitcoin and the price rises. The National Center for Public Policy Research is pushing for a vote in December to assess Bitcoin investment. The center warns that if Microsoft rejects the proposal and Bitcoin's value increases, shareholders may have grounds to sue. Despite Microsoft's board advising against the assessment, the dialogue with shareholders is seen as valuable. The research center points to MicroStrategy's successful Bitcoin investment as a benchmark. Institutional and corporate adoption of Bitcoin is on the rise. Bitcoin's current price is $67,035, down from its recent high. The push for Microsoft to consider Bitcoin investment could lead to a stronger proposal in the future. Read more AI-generated news on: https://app.chaingpt.org/news
Microsoft's Potential Legal Risk in Bitcoin Investment
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