Summary: Microsoft shareholders have voted down a proposal to invest 1–5% of the company’s profits into Bitcoin. Despite bold pitches about Bitcoin’s potential, the board—and most shareholders—weren’t feeling it, citing the crypto’s rollercoaster vibes.
Bitcoin? Microsoft’s Not About That Life (Yet)
At their annual meeting, a group called the NCPPR pitched a plan to spice up Microsoft’s investments by putting some profits into Bitcoin. They even dropped a video, hyping BTC as the next big thing and pointing out that major players like BlackRock are already on board. The goal? Boost shareholder returns and reduce investment risks. Sounds good, right?
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Not to Microsoft’s board. They shut it down, calling Bitcoin too risky for a company that likes to keep things steady. Sure, they’re watching crypto, but they’re sticking to the tried-and-true stuff for now.
Even Saylor Couldn’t Sell It
MicroStrategy’s Michael Saylor gave it a shot, too. In a quick video, he said Microsoft could’ve stacked $200 billion in the last five years by betting on Bitcoin instead of buybacks and dividends. Bold move, but the shareholders weren’t buying it. They sided with the board and voted “nope.”
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For now, it’s clear: Microsoft’s playing it safe while the crypto world keeps making noise.