Microsoft Shareholders Reject Proposal To Explore Bitcoin Investment
Posted On December 10, 2024
Microsoft (NASDAQ:MSFT) shareholders voted against a proposal urging the company to study adding Bitcoin (CRYPTO: BTC) to its balance sheet, effectively ending discussions about the tech giant joining other corporates with Bitcoin holdings.
The vote, announced during Microsoft’s annual meeting, came after the board advised shareholders to reject the idea.
The motion, titled “Assessment of Investing in Bitcoin,” was submitted by the National Center for Public Policy Research, a conservative think …