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Microsoft's stated rationale for Bitcoin decision by March 2025
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Microsoft's $3 Trillion Shareholders, Including BlackRock, Vote on Bitcoin Investment
Oct 30, 2024, 01:46 PM
Microsoft shareholders have begun voting on a proposal to invest in Bitcoin for the company's corporate treasury. The proposal, which cites rampant inflation in the USD as a justification, has garnered significant attention. BlackRock, Microsoft's second-largest shareholder, is also involved in the vote and offers its clients a Bitcoin ETF. Notably, Microsoft has asked shareholders to vote against the proposal, according to an SEC filing. The company, valued at $3 trillion, is considering this BTC Treasury Strategy.
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