Shareholders of #Microsoft voted against a proposal to allocate a portion of the company’s reserves to #Bitcoin during its annual meeting on December 10.
The plan, introduced by the National Center for Public Policy Research (NCPPR), suggested Bitcoin could diversify assets and increase shareholder value.
The board opposed the idea, citing Bitcoin’s volatility and the company’s already robust asset management processes.
Despite references to companies such as #MicroStrategy and #BlackRock as Bitcoin adopters, shareholders aligned with the board, prioritizing stability over cryptocurrency investments.