PANews reported on December 11 that Microsoft's board of directors disclosed in regulatory documents that Microsoft rejected the proposal to invest in Bitcoin because the company already has diversified investment options and management processes and does not need to publicly evaluate Bitcoin investments. Microsoft emphasized that Bitcoin's volatility poses a challenge to corporate financial stability, and the company needs more stable and predictable investments to ensure liquidity and operating funds. Microsoft reiterated that its strong fund management mechanism is aimed at maximizing the long-term interests of shareholders.
In addition, Microsoft pointed out that it had considered cryptocurrencies such as Bitcoin as one of the options in the past, and will continue to monitor cryptocurrency-related trends and developments to guide future decisions.
It was reported this morning that Microsoft shareholders voted against the Bitcoin investment proposal .
