Recently, the National Center for Public Policy Research proposed that Microsoft shareholders consider a Bitcoin Diversification Assessment during the company’s annual meeting on December 10, as disclosed in a recent filing.
Microsoft’s Opposition to Bitcoin Proposal
Microsoft has advised its shareholders to vote against this proposal, emphasizing that it already assesses factors like inflation and other macroeconomic risks within its investment strategy. According to Microsoft, the company has evaluated options involving Bitcoin and other cryptocurrencies, staying updated on trends without the need for a public assessment.
Microsoft’s Statement on Cryptocurrency Investments
In a statement opposing the proposal, Microsoft highlighted the importance of stability and predictability in its corporate treasury, focusing on liquidity and operational funding. The company asserts that it maintains robust processes to manage and diversify investments, aiming for long-term shareholder benefit.
The National Center for Public Policy Research, affiliated with Project 2025, advocates that Bitcoin is a strong hedge against inflation, suggesting companies allocate at least 1% of assets to the cryptocurrency. Key Microsoft stakeholders include Vanguard, BlackRock, and State Street.
Become the smartest crypto enthusiast in the room
Get the top 50 crypto definitions you need to know in the industry for free
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.