Microsoft’s Opposition To Bitcoin Investments Aligns With The Stance Of The Company’s Largest Shareholder, Vanguard: Here’s More

Microsoft Corp. (NASDAQ:MSFT) said no to Bitcoin (CRYPTO: BTC) investments last year, ending weeks of speculation that the tech behemoth would join other corporations in adding the world’s largest cryptocurrency to its reserves.

Interestingly, the company’s refusal was consistent with that of its largest shareholder, Vanguard Group, which has avoided backing any cryptocurrency-related investment products due to the speculative nature of the asset class.

What happened: Microsoft voted down a proposal to include Bitcoin on its balance sheet after the board raised concerns about the asset’s volatility.

The refusal came despite a case by Strategy Executive Chairman Michael Saylor for

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