Microsoft shareholders voted against the Bitcoin investment proposal

2024-12-11 08:23:12

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ChainCatcher news, according to the voting results, Microsoft's major shareholders opposed the company's Bitcoin investment proposal on Tuesday.

Earlier, the Microsoft board had urged shareholders to reject a suggestion from the National Center for Public Policy Research, which proposed that the company invest 1% of its total assets in Bitcoin to hedge against inflation.

At the annual meeting, MicroStrategy founder Michael Saylor gave a three-minute speech attempting to persuade Microsoft shareholders to support the proposal. Data shows that Microsoft's largest shareholders are institutional investors, including Vanguard and BlackRock.

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