This article is about blockchain, business and technology news. Here’s the summary:

At Microsoft’s annual meeting, shareholders rejected a proposal to add Bitcoin (BTC) to the company’s balance sheet. Washington-based free market think tank NCPPR presented the proposal as a mission to provide value to shareholders through profit diversification.

The NCPPR claimed that Bitcoin adoption would create trillions in value and reduce risk. However, Microsoft’s board of directors found the proposal “unnecessary” and stated that current processes were sufficient.

Shareholders rejected the proposal, following the board’s advice. Share your thoughts in the comments.