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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

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 Canada president vows ‘community-first approach’ to AI investment

Tech giant announced $19-billion investment to expand AI and cloud infrastructure in Ontario and Quebec

Ling Hui

Published Apr 08, 2026 • Last updated 1 day ago • 2 minute read

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The Microsoft logo is displayed at an event at the Chatham House think tank in London, Monday, Jan. 15, 2024. Photo by Kin Cheung /AP Photo

Microsoft said its billion-dollar investment to expand artificial intelligence infrastructure at Ontario and Quebec data centres will include a “community-first approach,” taking into account concerns from the local communities.

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In December, the tech giant had announced a $19-billion investment — the largest in Canadian history — to expand its AI and cloud infrastructure in the two provinces.

In a blog post Tuesday, Microsoft Canada president Matt Milton said the company is aware that Canadians have “real questions” about affordability, energy and water use, jobs and the impact on communities regarding its AI investment.

“At Microsoft, we believe communities should share in the benefits of AI infrastructure and they should not bear the costs,” Milton said.

Electricity costs, water usage among concerns

He said the company’s five “community-first” principles will shape how it will build and operate its data centres in Ontario and Quebec.

Among those principles he outlined was the company’s commitment to “paying our way on electricity” to ensure that its data centres don’t increase electricity prices for Canadians and put added strain on the grid.

Milton said the company will work with provinces, utilities, system operators and regulators to plan new supply in advance. He also said the company will pay the full cost of the electricity it uses, including the cost of new generation, transmission and grid upgrades.

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Milton also said that Canada’s cooler climate means the company can cool its data centres mostly using outside air, “using water for cooling less than 5% of the year.”

Thousands employed in construction process

He also said the company will work with local governments, conservation partners and research institutions on water projects.

Milton said Microsoft’s data centre investment in Canada will employ about 2,000 workers across all sites during construction with 400 Canadian businesses involved during the construction phase.

He said once its data centres are built and operational, the company will create 250 full-time jobs and hire about 400 contractors to maintain and operate its sites.

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In December, the tech giant had announced a $19-billion investment — the largest in Canadian history — to expand its AI and cloud infrastructure in the two provinces.

“At Microsoft, we believe communities should share in the benefits of AI infrastructure and they should not bear the costs,” Milton said.

Electricity costs, water usage among concerns

He said the company’s five “community-first” principles will shape how it will build and operate its data centres in Ontario and Quebec.

Story continues below

Milton also said that Canada’s cooler climate means the company can cool its data centres mostly using outside air, “using water for cooling less than 5% of the year.”

Thousands employed in construction process

He also said the company will work with local governments, conservation partners and research institutions on water projects.

Milton said Microsoft’s data centre investment in Canada will employ about 2,000 workers across all sites during construction with 400 Canadian businesses involved during the construction phase.

He said once its data centres are built and operational, the company will create 250 full-time jobs and hire about 400 contractors to maintain and operate its sites.

Microsoft touts $500 million AI savings while slashing jobs
Plaintiff awarded $6M in landmark social media lawsuit against Google, Meta

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Michael Saylor says Microsoft can make “next trillion dollars” by investing in Bitcoin

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