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Per an SEC filing, Microsoft will have a proposed board resolution for an “Assessment of Investing in Bitcoin”.

The board is recommending that shareholders vote AGAINST the proposal.

The proposal uses MicroStrategy as an example, stating that MicroStrategy's stock market performance has been far greater than Microsoft's since Michael J. Saylor switched his company to a full Bitcoin strategy.

This proposal has little chance of success, in my opinion, but it's interesting to see that the question of whether or not giants like Microsoft should adopt Bitcoin is now becoming increasingly serious.

And if the question arises for Microsoft, it will also arise for Apple, Google, Amazon, etc.

Who will be the first to adopt this Bitcoin strategy among the Tech giants?

Oct 25, 2024
at
5:22 AM

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