Market
Which tech figure will advocate for Bitcoin investment by end of 2025?
3
Resolution / Starting Odds
Elon Musk • 25%
Tim Cook • 25%
Sundar Pichai • 25%
Other • 25%
Public statements, interviews, or social media posts from the individuals or credible news reports
Story
Microsoft Shareholders Reject Proposal to Invest 1% of $78.4B Cash in Bitcoin at Annual Meeting
Dec 10, 2024, 05:08 PM
Microsoft shareholders have voted against a proposal to invest in Bitcoin by adding it to the company's balance sheet. The proposal suggested allocating 1% of Microsoft's $78.4 billion in cash holdings into Bitcoin. The initiative, introduced by the National Center for Public Policy Research, was supported by MicroStrategy Executive Chairman Michael Saylor, who advocated for the move. The negative vote was expected and aligned with the board's recommendation. Despite Bitcoin's ongoing momentum in the financial world, Microsoft shareholders rejected the proposal during the company's annual meeting on December 10, 2024.
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