"Currency Circle" to Welcome a Major Investor? SEC documents show that Microsoft will consider investing in Bitcoin in December

Wallstreetcn
2024.10.27 11:51
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Microsoft plans to evaluate a proposal to invest in Bitcoin at its annual meeting in December. Shareholders including Vanguard, BlackRock, and State Street will participate in the vote. However, the Microsoft board of directors opposes this vote, deeming it unnecessary, stating that management has carefully considered the matter. The board emphasizes that volatility is a key factor in assessing cryptocurrency investments and indicates that the company has established robust financial management processes to safeguard shareholder interests. The CEO of MicroStrategy suggests that the Microsoft CEO contact him for investment advice