{"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":"
TL;DR<\/span><\/p>\n Microsoft has announced that its shareholders will vote on a proposal to invest in <\/span>Bitcoin<\/span><\/a><\/strong> at the company\u2019s annual <\/span>meeting<\/span><\/a> on December 10, 2024. This proposal, titled <\/span>\u201cAssessment of Investing in Bitcoin,\u201d<\/span><\/strong> has sparked significant interest and debate within both the tech and financial communities.<\/span><\/p>\n The National Center for Public Policy Research<\/span><\/strong> (NCPPR), a conservative think tank, <\/span>presented the proposal<\/span><\/strong>. NCPPR argues that<\/span> Bitcoin could serve as an excellent hedge against inflation<\/span><\/strong>, suggesting that Microsoft should allocate at least 1% of its total assets to the cryptocurrency. <\/span><\/p>\n 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’s board of directors has advised shareholders to oppose the proposal. <\/span><\/p>\n The board cites the volatility of Bitcoin as a primary concern<\/span><\/strong>, emphasizing the need for stable and predictable investments to ensure liquidity and operational funding. <\/span><\/p>\n\n
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\n<\/li>\n<\/ul>\nProposal Details and Microsoft’s Board Stance<\/span><\/h2>\n