Microsoft shareholder proposes firm look into investing in Bitcoin
Microsoft’s board is already recommending voting against it, arguing they already “evaluate a wide range of investable assets,” including Bitcoin.
Microsoft shareholders are set to vote in December on whether the tech giant should publicly assess adding Bitcoin to its balance sheet, a filing with the United States securities regulator reveals.
In the Oct. 24 filing, Microsoft disclosed that “Assessment of Investing in Bitcoin” is currently proposed to certain shareholders who will cast their vote in a Dec. 10 meeting.
However, the Microsoft board is already recommending they vote against it because they already “evaluate a wide range of investable assets,” including Bitcoin (BTC).
Item 5 stating the Microsoft board recommends shareholders to vote against a Bitcoin investment. Source: Securities and Exchange Commission
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Author: Brayden Lindrea
