The proposal to invest in Bitcoin was rejected! Microsoft prefers to choose assets with lower volatility
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At Microsoft's annual shareholder meeting, shareholders rejected a proposal to invest in Bitcoin. The proposal was submitted by the National Center for Public Policy Research, suggesting that Microsoft evaluate the potential benefits of Bitcoin as an asset. Although MicroStrategy's Michael Saylor defended the proposal, arguing that Bitcoin could significantly enhance Microsoft's market value, the board preferred to choose assets with lower volatility. Ultimately, shareholders accepted the board's recommendation and voted down the proposal
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