Microsoft shareholders force the palace: If you don't invest in BTC, be careful I'll sue you when it rises later!

Microsoft will vote on whether to invest in BTC at its shareholders' meeting on December 10. Microsoft cited BTC's high volatility as a reason to recommend that shareholders vote against. In response, Ethan Peck, deputy director of the free enterprise program at the National Center for Public Policy Research (NCPPR), the initiator of the proposal, said that if Microsoft does not invest in BTC and its price subsequently rises, shareholders may have reason to file a lawsuit against the company. (Summary: Microsoft's shareholders' meeting will vote on the "BTC investment proposal": it is proposed to invest 1% of total assets in BTC) (Background supplement: BTC fell below the 70,000 mark, pullback is over? U.S. stocks all fell, Meta, Microsoft earnings failed to impress investors) At the end of October, a proposal to suggest that Microsoft invest in BTC caused widespread follow-up in the market, although Microsoft recommended that shareholders vote against it on high volatility grounds, but after all, Microsoft, as the top three companies in the global Market Cap, just considering BTC investment, has far-reaching significance. Ethan Peck, deputy director of the Free Enterprise Initiative, was initiated by the National Center for Public Policy Research (NCPPR), a conservative think tank on Microsoft's "Project 2025" advisory board, said the proposal could put the company in trouble if Microsoft ultimately chooses not to invest in BTC. If Microsoft publicly and unequivocally decides in this assessment (no doubt based on bias) that buying BTC is not in the best interest of Microsoft shareholders, and the BTC price subsequently rises (as expected), then shareholders may have grounds to sue the company. Peck added that even if the proposal fails, it still opens an important conversation between Microsoft and its shareholders and may set the stage for a stronger proposal to be submitted in 2025. Whether or not this proposal passes, BTC proponents have forced Microsoft to follow the matter over the past week, which is already a big step towards the desired outcome of the proposal, whether in Microsoft or other large companies. Microsoft's proposal to "evaluate investing in BTC" will be voted on at the shareholders' meeting on December 10. In the proposal, the NCPPR suggested that Microsoft should study investing in BTC to hedging inflation and other macroeconomic implications, arguing that BTC is "the best, if not the best, means of hedging inflation" and that companies should invest at least 1% of their total assets in BTC. NCPPR also highlighted MicroStrategy's BTC investment strategy, saying that it has only done a small part of Microsoft's business, but this year's stock price is more than 300% higher than Microsoft's. In addition, BTC adoption by institutions and enterprises is becoming more common through BTCSpot ETFs. Microsoft does not support However, Microsoft said in its SEC filing that the board recommended voting against the proposal because the board did not believe it was necessary and the company's management "has carefully considered this issue": Microsoft's Global Finance and Investment Services team evaluates a wide range of investable assets to fund Microsoft's ongoing operations, including assets expected to provide diversification and inflation protection, and mitigate the risk of significant economic loss from interest rate rises. BTC and other cryptocurrencies have been taken into account in past evaluations, and Microsoft will continue to monitor trends and developments related to cryptocurrencies to inform future decisions. Microsoft mentioned that volatility is a factor to consider when evaluating the impact of cryptocurrency investments on corporate finances, requiring stable and predictable investments to ensure liquidity and working capital. Related reports Wall Street predator Bernstein: No matter who is elected president of the United States, BTC will exceed $200,000 in 2025 The first pension fund in the UK will "directly invest 3% of its assets in BTC" breaks the practice of indirect holding of ETFs: bet on asymmetric returns Preparing for the US election" After the past ten elections, how has the US stock S&P 500 and BTC historically performed? 〈Microsoft shareholders forced the palace: if you don't invest in BTC, then rise carefully I sue you! This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".