Before this shareholder meeting, Bitcoin 'whiz' Saylor directly messaged Microsoft CEO Satya Nadella on X (formerly Twitter), saying something like: 'Hey @SatyaNadella, if you really want to make the next trillion dollars, hurry up and give me a call!' It feels like the tone is saying: 'Don't miss my golden opportunity, don't let others take advantage of it!'
However, Microsoft shareholders did not crazily embrace Bitcoin as Saylor had hoped.
At the conference, Microsoft suggested that shareholders reject the proposal, and the voting results showed that the proposal did not receive the support of the majority of shareholders. Proxy advisory firms Glass Lewis and Institutional Shareholder Services also unanimously recommended that shareholders pour cold water on this proposal, indicating that Saylor's 'telemarketing' did not impress the shareholders.
Microsoft's CFO Amy Hood also stated at the shareholder meeting that the company has been accepting cryptocurrency payments since 2014 and has been closely monitoring the development of cryptocurrencies.
As for Microsoft's stock price, it has risen about 19% this year, which is good, but compared to MicroStrategy (which holds Bitcoin), it's simply 'small potatoes compared to big potatoes.'
According to Forbes, Saylor's net worth has ballooned to $9.1 billion, primarily thanks to his stake in MicroStrategy.
MicroStrategy's Bitcoin investment returns have already surpassed Microsoft's stock price increase, it seems Saylor's 'wealth attraction' plan, and Microsoft is not ready to join in!
Interactive Question: When do you think Microsoft will truly 'embrace' Bitcoin? Can Microsoft break free from the allure of Bitcoin and continue to focus on its traditional business?
The comments section is waiting for you to chat, who knows if the next trillion-dollar market is right in front of us!
