CandleFocus Less than 1% of Microsoft Shareholders Voted in Favor of Investing in Bitcoin
2024-12-12
Author: Content Editor
In a recent shareholder vote, only 0.55% of Microsoft shareholders supported a proposal to buy and hold Bitcoin. The majority of shareholders voted against the proposal, citing concerns about the cryptocurrency's volatility. However, Microsoft acknowledged the benefits of holding at least 1% of assets in Bitcoin and highlighted Microstrategy as the largest private Bitcoin holder. Despite rejecting the proposal, Microsoft stated that it will continue to monitor Bitcoin and cryptocurrency trends for future decision-making.
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