#2024WithBinance Which companies might follow Microsoft's lead on Bitcoin?

How could Bitcoin investment affect tech stocks?

What impact would MSFT's vote have on cryptocurrency markets?

shareholders will cast their votes on whether the company should publicly assess adding Bitcoin to its balance sheet on Dec. 10

The proposal, titled "Assessment of Investing in Bitcoin," was submitted by the National Center for Public Policy Research, which describes Bitcoin as "an excellent hedge against inflation,” Quartz reported, quoting an SEC filing.

Despite this advocacy, Microsoft's board of directors has recommended voting against the measure, asserting that the company already evaluates a broad range of assets, including Bitcoin, as part of its existing investment strategy.