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.
- Content Editor ( u.today )
- 2024-10-28
BlackRock to Vote in Microsoft's Bitcoin Decision, Reveals Fred Krueger