Replying to Avatar ₿lockchainYog丰

Microsoft’s Annual Shareholders Meeting is scheduled for today, December 10, 2024, at 8:30 AM Pacific Time (11:30 AM Eastern Time). During this virtual meeting, shareholders will vote on a proposal to assess the potential benefits of adding Bitcoin to Microsoft’s balance sheet. 

The proposal, submitted by the National Center for Public Policy Research, suggests that investing in Bitcoin could serve as a hedge against inflation and enhance shareholder value. However, Microsoft’s board of directors has recommended that shareholders vote against this proposal, citing concerns over Bitcoin’s volatility and emphasizing the company’s existing investment evaluation processes. 

The outcome of this vote could have significant implications for both Microsoft and the broader cryptocurrency market. If approved, it would mark a notable shift in corporate investment strategies toward digital assets. Conversely, a rejection would underscore the cautious approach many corporations maintain regarding cryptocurrency investments.

For those interested in attending, the meeting will be held virtually, and details are available on Microsoft’s investor relations website. 

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₿ujuX 1y ago

Thanks. I had my eyes on this but was unsure of the date and time.

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