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Microsoft to Vote on Bitcoin Investment Proposal on December 10, Board Recommends Against
Oct 24, 2024, 09:17 PM
Microsoft has disclosed in a recent SEC filing that a proposal titled 'Assessment of Investing in Bitcoin' will be included for a vote at their annual shareholder meeting on December 10, 2024. The board of directors has recommended voting against this proposal. The proposal, made by a member of the 'Project 2025' advisory board, suggests that Microsoft consider investing in Bitcoin. Despite the board's recommendation, the inclusion of this proposal in the shareholder meeting is seen as significant by many in the financial community. Microsoft, valued at $3 trillion, is assessing this investment.
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