PANews reported on October 25 that according to The Block, Microsoft will include the proposal of "Evaluating Investment in Bitcoin" as a voting item at the annual shareholders' meeting on December 10. The proposal was put forward by the conservative think tank The National Center for Public Policy Research, but the board of directors recommended that shareholders vote against the proposal, believing that it was "unnecessary" and stated that the company's management had "carefully considered" the relevant issues.
Microsoft said in a filing with the U.S. Securities and Exchange Commission that its global finance team regularly evaluates a variety of investment assets, including cryptocurrencies, for diversification and risk management. Although Bitcoin has been considered in the past, the board has not made further investment decisions due to factors such as volatility. If the proposal is passed, Microsoft will become the largest publicly listed crypto investment company, surpassing MicroStrategy and Tesla.
