According to BlockBeats, Microsoft will advance a major shareholder proposal on Bitcoin at 0:30 on December 11th - that is, to evaluate whether it is in the long-term interests of shareholders to include Bitcoin in the balance sheet through a shareholder vote. The shareholder proposal was originally submitted by the National Center for Public Policy Research (NCPPR), a conservative think tank in the United States.
The reason given by NCPPR at the time was that during a period of sustained inflation, the success of a company depends not only on its operating conditions, but also on the preservation of its profits. According to the Consumer Price Index (CPI), the average inflation rate in the United States over the past four years has been 5% (NCPPR believes that the actual inflation rate may be higher). Therefore, in addition to increasing profits, companies also have a fiduciary responsibility to protect profits from depreciation, but because Microsoft invests most of its assets in U.S. government securities and corporate bonds, it has failed to effectively protect its assets from depreciation. In the proposal, NCPPR emphasized that although Bitcoin has a certain volatility, "Bitcoin is still an excellent, or even the best inflation hedge tool", so it is recommended that Microsoft evaluate allocating at least 1% of its assets to Bitcoin.
