Insiders: Microsoft's refusal to invest in Bitcoin may be due to most shareholders valuing asset stability more

ChainCatcher news, according to BusinessInsider, this week Microsoft investors rejected the proposal to purchase Bitcoin. Gracy Chen, CEO of the cryptocurrency exchange Bitget, stated that this was expected, as most Microsoft shareholders likely value the asset stability of this software giant, and said: "Microsoft's investment in Bitcoin could mean facing additional risks, while many invest in Microsoft because it is a predictable good business. For shareholders looking to build their diversified portfolios, mixing assets like cryptocurrencies into the company's balance sheet could complicate the company's valuation and distract investors from the core business objective of purchasing its stock."