CoinVoice has recently learned that the Microsoft Board disclosed its reasons for rejecting investment in Bitcoin in regulatory documents, stating that the proposal is unnecessary as the company is already considering various investment options.
Microsoft pointed out that, as mentioned in the proposal itself, the volatility of Bitcoin is a factor that needs to be considered when evaluating it as an investment for corporate financial applications, as companies require stable and predictable investments to ensure liquidity and operating funds. Microsoft already has strong and appropriate processes in place to manage and diversify corporate finances for the long-term benefit of shareholders, so this request for a public assessment is unnecessary.
Microsoft also added that past assessments have listed Bitcoin and other cryptocurrencies as one of the options considered, and the company will continue to monitor trends and developments related to cryptocurrencies to guide future decisions. [Original link]
