Orhan 
Microsoft shareholders are requesting that the tech giant evaluate and publicly disclose whether it will invest in Bitcoin. This proposal will be voted on in December, but it has not yet received approval from Microsoft’s board of directors.
A filing submitted to the SEC (U.S. Securities and Exchange Commission) on October 24 states that the proposal, titled “Evaluation of Investing in Bitcoin,” will be put to a vote at Microsoft’s December shareholder meeting.
However, Microsoft’s board is recommending a vote against the proposal, noting that the company already reviews “investable assets,” which include Bitcoin, as part of its evaluations.
The National Center for Public Policy Research, which introduced the proposal, highlights the example of business intelligence company MicroStrategy, which has outperformed Microsoft by 300% this year despite having a lower business volume.
The proposal emphasizes that Bitcoin is becoming more “prevalent” among corporate and institutional investors, citing an increase in spot Bitcoin exchange-traded funds (ETFs).
You can join our Telegram channel to not miss the news and stay informed about the crypto world.