Dec. 10, 2024, 7:52 p.m. 1 week, 5 days ago
Microsoft Shareholders Vote Down Bitcoin Proposal as Treasury Holdings. Microsoft shareholders have voted against a proposal to invest 1% of the company’s cash reserves in Bitcoin, citing concerns over the cryptocurrency's volatility despite advocacy from Michael Saylor, who highlighted potential capital gains.
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Michael Saylor, CEO of MicroStrategy, emerged as a prominent Bitcoin advocate, strategically …