Microsoft to hold shareholder vote on Bitcoin assessment, despite board opposition on Dec 10.

Microsoft will hold a shareholder vote on December 10 regarding the potential evaluation of Bitcoin as part of its investment strategy. This follows shareholder requests due to Bitcoin's strong recent performance. While some investors see it as a hedge against inflation, Microsoft's board opposes the proposal, citing volatility risks and the potential conflict with the company's climate commitments. The board recommends shareholders vote against the assessment.

October 25, 2024
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