{"id":173755,"date":"2024-10-25T11:36:16","date_gmt":"2024-10-25T11:36:16","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=173755"},"modified":"2024-10-25T11:36:26","modified_gmt":"2024-10-25T11:36:26","slug":"microsoft-adds-bitcoin-investment-proposal-to-shareholder-meeting-agenda","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/microsoft-adds-bitcoin-investment-proposal-to-shareholder-meeting-agenda\/","title":{"rendered":"Microsoft Adds Bitcoin Investment Proposal to Shareholder Meeting Agenda"},"content":{"rendered":"<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">TL;DR<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li><strong><span data-preserver-spaces=\"true\">Proposal Overview<\/span><\/strong><span data-preserver-spaces=\"true\">: Microsoft shareholders will vote on December 10, on a proposal to invest in Bitcoin, presented by the National Center for Public Policy Research, suggesting a 1% asset allocation to Bitcoin as a hedge against inflation.<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Board\u2019s Recommendation<\/span><\/strong><span data-preserver-spaces=\"true\">: Microsoft\u2019s board advises against the proposal, citing Bitcoin\u2019s volatility and emphasizing the need for stable investments to ensure liquidity and operational funding.<\/span><\/li>\n<li><strong><span data-preserver-spaces=\"true\">Institutional Context<\/span><\/strong><span data-preserver-spaces=\"true\"><span data-preserver-spaces=\"true\">: The proposal reflects a growing institutional interest in Bitcoin, with significant investments from major shareholders like BlackRock, potentially setting a precedent for other tech giants.<\/span><\/span><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">Microsoft has announced that its shareholders will vote on a proposal to invest in <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/crypto-economy.com\/cryptocurrencies\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Bitcoin<\/span><\/a><\/strong><span data-preserver-spaces=\"true\"> at the company\u2019s annual <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/view.officeapps.live.com\/op\/view.aspx?src=https:\/\/cdn-dynmedia-1.microsoft.com\/is\/content\/microsoftcorp\/2024_Proxy_Statement\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">meeting<\/span><\/a><span data-preserver-spaces=\"true\"> on December 10, 2024. This proposal, titled <\/span><strong><span data-preserver-spaces=\"true\">\u201cAssessment of Investing in Bitcoin,\u201d<\/span><\/strong><span data-preserver-spaces=\"true\"> has sparked significant interest and debate within both the tech and financial communities.<\/span><!--more--><\/p>\n<h2 style=\"text-align: left\"><span data-preserver-spaces=\"true\">Proposal Details and Microsoft&#8217;s Board Stance<\/span><\/h2>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">The National Center for Public Policy Research<\/span><\/strong><span data-preserver-spaces=\"true\"> (NCPPR), a conservative think tank, <\/span><strong><span data-preserver-spaces=\"true\">presented the proposal<\/span><\/strong><span data-preserver-spaces=\"true\">. NCPPR argues that<\/span><strong><span data-preserver-spaces=\"true\"> Bitcoin could serve as an excellent hedge against inflation<\/span><\/strong><span data-preserver-spaces=\"true\">, suggesting that Microsoft should allocate at least 1% of its total assets to the cryptocurrency. <\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">They highlight Bitcoin\u2019s impressive performance, noting that it has outperformed corporate bonds by 94% over the past year and by 411% over the past five years. Microsoft&#8217;s board of directors has advised shareholders to oppose the proposal. <\/span><\/p>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">The board cites the volatility of Bitcoin as a primary concern<\/span><\/strong><span data-preserver-spaces=\"true\">, emphasizing the need for stable and predictable investments to ensure liquidity and operational funding. <\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">They assert that the company already evaluates a wide range of investable assets, including Bitcoin, and continues to monitor trends and developments in the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/crypto-economy.com\/what-are-cryptocurrencies-and-which-are-the-best-to-invest-in\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">cryptocurrency<\/span><\/a><span data-preserver-spaces=\"true\"> market.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-173756\" src=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/10\/BitcoinBlackRock.jpg\" alt=\"Microsoft Adds Bitcoin Investment Proposal to Shareholder Meeting Agenda\" width=\"825\" height=\"300\" srcset=\"https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/10\/BitcoinBlackRock.jpg 825w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/10\/BitcoinBlackRock-300x109.jpg 300w, https:\/\/crypto-economy.com\/\/wp-content\/uploads\/2024\/10\/BitcoinBlackRock-768x279.jpg 768w\" sizes=\"(max-width: 825px) 100vw, 825px\" \/><\/p>\n<h2 style=\"text-align: left\"><span data-preserver-spaces=\"true\">Institutional Influence and Market Impact<\/span><\/h2>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">The proposal comes at a time when institutional interest in Bitcoin is growing<\/span><\/strong><span data-preserver-spaces=\"true\">. BlackRock, Microsoft\u2019s second-largest shareholder with a 5.7% stake, has recently made substantial investments in Bitcoin through its iShares Bitcoin ETF. <\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">This move by BlackRock has added weight to the ongoing debate about the role of cryptocurrencies in corporate investment strategies. <\/span><strong><span data-preserver-spaces=\"true\">Microsoft\u2019s decision to include this proposal on the agenda reflects the broader trend<\/span><\/strong><span data-preserver-spaces=\"true\"> of increasing institutional interest in digital currencies. <\/span><\/p>\n<p style=\"text-align: justify\"><span data-preserver-spaces=\"true\">The outcome of the vote could set a precedent for other tech giants considering similar investments. As the December 10 meeting approaches, all eyes will be on Microsoft and its shareholders. <\/span><\/p>\n<p style=\"text-align: justify\"><strong><span data-preserver-spaces=\"true\">The decision could have far-reaching implications for the adoption of Bitcoin<\/span><\/strong><span data-preserver-spaces=\"true\"> and other cryptocurrencies in the corporate world. Whether the proposal is accepted or rejected, it underscores the growing importance of digital assets in today\u2019s financial landscape.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Proposal Overview: Microsoft shareholders will vote on December 10, on a proposal to invest in Bitcoin, presented by the National Center for Public Policy Research, suggesting a 1% asset allocation to Bitcoin as a hedge against inflation. Board\u2019s Recommendation: Microsoft\u2019s board advises against the proposal, citing Bitcoin\u2019s volatility and emphasizing the need for stable &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Microsoft Adds Bitcoin Investment Proposal to Shareholder Meeting Agenda\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/microsoft-adds-bitcoin-investment-proposal-to-shareholder-meeting-agenda\/#more-173755\" aria-label=\"More on Microsoft Adds Bitcoin Investment Proposal to Shareholder Meeting Agenda\">Read more<\/a><\/p>\n","protected":false},"author":32,"featured_media":173757,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102,84,74],"tags":[4602,5449,5536,4656,4763],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/173755"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=173755"}],"version-history":[{"count":1,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/173755\/revisions"}],"predecessor-version":[{"id":173758,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/173755\/revisions\/173758"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/173757"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=173755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=173755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=173755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}