Plenty of folks use Microsoft Windows’ built-in antivirus protection, but sometimes you need more than what it offers. Security suites from independent companies like Bitdefender, Norton, and AVG can make it easier to stay on top of online security, by providing expanded and additional features that shield you more thoroughly…
Plenty of folks use Microsoft Windows’ built-in antivirus protection, but sometimes you need more than what it offers. Security suites from independent companies like Bitdefender, Norton, and AVG can make it easier to stay on top of online security, by providing expanded and additional features that shield you more thoroughly… Read More
TLDR Metaplanet purchased 156 additional BTC, bringing total holdings above 1,000 BTC Company stock rose 6.06% following the announcement Metaplanet achieved 116% Bitcoin yield in October 2023 Company raised 10 billion Yen through Stock Acquisition Rights Microsoft considering Bitcoin investment, subject to shareholder approval Metaplanet, Asia’s largest corporate Bitcoin holder…
Published
6 days ago
in
By
TLDR Metaplanet purchased 156 additional BTC, bringing total holdings above 1,000 BTC Company stock rose 6.06% following the announcement Metaplanet achieved 116% Bitcoin yield in October 2023 Company raised 10 billion Yen through Stock Acquisition Rights Microsoft considering Bitcoin investment, subject to shareholder approval Metaplanet, Asia’s largest corporate Bitcoin holder… Read More
Key Takeaways Microsoft shareholders to vote on Bitcoin proposal as Michael Saylor pitches trillion-dollar opportunity. Microsoft board pushes back on Bitcoin investment proposal, urging shareholders to vote against it Share this article Michael Saylor, CEO of MicroStrategy, earlier today directed a post on X to Microsoft CEO Satya Nadella, suggesting that if Microsoft wants to
Published
1 week ago
in
By
Key Takeaways
Microsoft shareholders to vote on Bitcoin proposal as Michael Saylor pitches trillion-dollar opportunity.
Microsoft board pushes back on Bitcoin investment proposal, urging shareholders to vote against it
Share this article
Michael Saylor, CEO of MicroStrategy, earlier today directed a post on X to Microsoft CEO Satya Nadella, suggesting that if Microsoft wants to add another trillion dollars in value for its shareholders, it should consider adding Bitcoin to its treasury.
Hey @SatyaNadella, if you want to make the next trillion dollars for $MSFT shareholders, call me. pic.twitter.com/NPnVvL7Wmj
— Michael Saylor⚡️ (@saylor) October 25, 2024
Saylor’s comment follows Microsoft’s latest SEC filing, which outlines a shareholder proposal titled “Assessment of Investing in Bitcoin” set to be voted on during the company’s annual meeting in December.
Building on recent performance, MicroStrategy’s Bitcoin-heavy portfolio has led its stock to outperform Microsoft’s by 313% this year, despite the company’s relatively smaller scale in the tech industry.
Microsoft acknowledged this in their report, noting the significant gains some companies have made by holding Bitcoin.
Although they acknowledge Bitcoin’s recent outperformance, Microsoft’s board has advocated that shareholders vote against this proposal.
Microsoft voting form advising against Bitcoin proposal
In the filing, the board stated that conducting a Bitcoin investment assessment was unnecessary, emphasizing that Microsoft’s management “already carefully considers this topic.”
The board emphasized that Microsoft’s Global Treasury and Investment Services team regularly evaluates diverse assets, focusing on maintaining liquidity and minimizing economic risk while ensuring long-term shareholder gains.
While Microsoft acknowledges that Bitcoin has been considered in past assessments, its portfolio is currently dominated by US government securities and corporate bonds—a strategy aimed at stability and steady returns.
Microsoft’s caution aligns with the volatility associated with Bitcoin, a point they highlighted in the filing. They noted that assets for corporate treasury applications should be predictable and stable to support operations effectively.
Microsoft-owned social media for suits site gets €310M fine, told to get compliant When LinkedIn asked its European users for their personal data, it did not receive “informed” nor “freely given” consent for the business to ship it off to third parties for generating targeted advertising…
Published
2 weeks ago
in
By
Microsoft-owned social media for suits site gets €310M fine, told to get compliant When LinkedIn asked its European users for their personal data, it did not receive “informed” nor “freely given” consent for the business to ship it off to third parties for generating targeted advertising… Read More
