Reported about 1 month ago
Microsoft is set to consider a proposal for bitcoin investment at its December annual meeting, despite opposition from its Board of Directors. The proposal, linked to the National Center for Public Policy Research, suggests bitcoin as a strong hedge against inflation. However, the Board argues that the company has already evaluated cryptocurrency options and determined that the investment is unnecessary due to volatility and the need for stable corporate treasury operations. Shareholders, including Vanguard and BlackRock, will participate in the vote.
Source: YAHOO