CandleFocus BlackRock to Vote in Microsoft's Bitcoin Decision, Reveals Fred Krueger
2024-10-28
Author: Content Editor
In December, Microsoft shareholders will decide on a proposal to add Bitcoin to the company's balance sheet. The idea has garnered attention from industry experts and has the support of BlackRock, a major shareholder that manages over $10 trillion in assets. BlackRock's involvement in the vote reflects its commitment to prioritizing shareholder interests and proper company governance. However, Vanguard, another significant Microsoft shareholder, previously rejected the concept of a Bitcoin ETF. Ultimately, the decision will be influenced by the various interests involved, including Microsoft's management and board.
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