Shareholder rights organization FEP: Previously sought a private one-hour meeting between Microsoft CEO and Michael Saylor but was rejected
ChainCatcher news, according to Bloomberg, MicroStrategy co-founder Michael Saylor proposed incorporating Bitcoin into the balance sheet at Microsoft's virtual shareholder meeting, but the proposal was voted down by shareholders. The proposal requested the board to assess whether including Bitcoin in the balance sheet aligns with the long-term interests of shareholders. Saylor spoke on behalf of the shareholder advocacy group FEP (Free Enterprise Project), predicting that Bitcoin's market value will increase from $2 trillion to over $200 trillion in 21 years, and emphasized that Bitcoin has outperformed Microsoft's stock price by 10 times.Notably, FEP Deputy Director Ethan Peck revealed that if Microsoft CEO Nadella agreed to a one-hour private meeting with Saylor, FEP would be willing to withdraw the proposal, but this was declined. Cornell University trade policy professor Eswar Prasad stated that considering the positive outlook for the cryptocurrency industry under the Trump administration, it is a reasonable choice for the company to invest a small portion of its reserves in cryptocurrency. Currently, FEP has submitted a similar proposal to Amazon, which may expand to other companies in the future.