What will happen if Microsoft invests in bitcoin? This is what the community thinks
On December 10, the Board of Shareholders of Microsoft (the third most valuable company in the world) will vote on whether or not to approve the possibility of investing in bitcoin (BTC).
If the yes vote wins and Microsoft finally dedicates a part of its treasury funds to BTC, the company would join a long list of publicly traded companies that have incorporated the digital currency into their balance sheets.
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MicroStrategy, Tesla, Marathon and MercadoLibre are some of these companies that, to a greater or lesser extent, decided that it was a good idea to “bitcoinize” part of their reserves, as a hedge against inflation and the devaluation of fiat money.
In the case of Microsoft, the final answer is not yet known. As this news portal has reported, the Shareholders' Meeting recommends voting against the proposal.
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