ChainCatcher news, Microsoft will hold a shareholder vote on whether to include Bitcoin on its balance sheet at 0:30 Beijing time on December 11. The proposal was submitted by the American conservative think tank NCPPR, suggesting that Microsoft allocate at least 1% of its assets (approximately $780 million) to Bitcoin to hedge against inflation risks.Prediction market Polymarket data shows that the probability of the proposal passing is currently reported at 12%.

ChainCatcher news, according to X Daily News, a Delaware Chancery Court judge has again dismissed Tesla CEO Musk's $55.8 billion compensation plan. The judge ruled based on the following three points:Shareholder votes cannot retroactively validate breaches of fiduciary duty, especially in transactions with conflicts of interest;Tesla did not raise the ratification argument during the trial, making it procedurally invalid;The proxy materials used to solicit votes were misleading, undermining the legitimacy of the voting.Additionally, the court also rejected Tesla's attempt to use shareholder votes as new evidence to overturn the previous ruling. The court emphasized that post-trial evidence cannot be used in this manner, as allowing such a strategy would weaken the deterrent effect of lawsuits aimed at holding corporate leaders accountable for misconduct.

ChainCatcher news, QCP released its daily outlook stating that Bitcoin briefly touched $98,000 during the Thanksgiving holiday, driven by Michael Saylor showcasing his Bitcoin investment strategy to Microsoft. Microsoft's shareholders are set to vote on December 10 whether to include Bitcoin on its balance sheet.Major Microsoft shareholders, such as Vanguard, BlackRock, and Fidelity, have gained exposure to cryptocurrencies by investing in MSTR, Coinbase, and other crypto companies. One might argue that they already have sufficient exposure. However, if the proposal passes, it would not only benefit Bitcoin but also positively impact their other investments.While waiting for Microsoft's decision next week, U.S. employment and labor data will again be in the spotlight this week. ISM manufacturing data and PMI data are scheduled for release on Monday and Wednesday, respectively. However, the focus of the week will be on Friday's non-farm payroll data. The market will closely monitor this week's reports to better gauge inflation trends, especially ahead of the interest rate decision on December 17-18.