This won't age well! 😂
Only 0.55% of #Microsoft shareholders voted in favor of the #Bitcoin investment proposal.
Discussion
Not surprising.
I have a theory the US government interfered with the vote. Microsoft has billions in US contracts.
I doubt it.
Companies hedge inflation by investing in plant, equipment, land and inventory (ie their pre-exising core business). With the current build-out of data centers for AI, it seems MS likely has plenty of places to stash their money without going into a speculative "reserve asset".