Microsoft Wants Shareholders to Say No to Bitcoin Investment Plan – Cryptonews
Microsoft is urging its shareholders to reject a proposal for the company to invest in Bitcoin. The tech giant is advising shareholders to vote against the investment plan at its upcoming annual meeting. The proposal suggests that Microsoft should hold Bitcoin as part of its investment portfolio. However, Microsoft believes that the risks associated with Bitcoin, including its volatility and lack of regulation, make it an unsuitable investment for the company. Shareholders will have the opportunity to vote on the proposal at the annual meeting, where Microsoft will make its case for why investing in Bitcoin is not in the best interest of the company.