Microsoft shareholders rejected a proposal to allocate 1% of its $78 billion in cash reserves to Bitcoin. The board cited Bitcoin’s price volatility as the
So keep your eyes on Bitcoin shareholder activism. Microsoft had a chance to make a momentous decision about Bitcoin and passed on the opportunity. But if you're a Bitcoin investor, there's no need to worry. In just a few months, Amazon will be the next big company with a chance to vote on Bitcoin adoption.
Despite Bitcoin surpassing $101,000 on Wednesday, Microsoft shareholders are still not convinced the risk is worth the reward.
The Bitcoin adoption wave appears unshaken by Microsoft’s shareholders' decision not the add the asset to its portfolio when they met as scheduled on December
Microsoft shareholders strongly opposed a recent proposal for the company to invest part of its assets in Bitcoin.
Microsoft Corporation (NASDAQ: MSFT) has officially decided to steer clear of Bitcoin as part of its financial strategy, after shareholders voted against a controversial proposal to diversify the
La Rosa Holdings, a Nasdaq-listed firm, has announced a new initiative to integrate Bitcoin and other cryptocurrency payment options for its extensive network of over 3,000 real estate agents across the United States.
Explore seven bold predictions for crypto in 2025, from Bitcoin’s global impact to the rise of ETFs, DeFi and stablecoins, and more.
Microsoft rejected Bitcoin investments, citing volatility and the need for stability. MicroStrategy’s bold strategy sparks debate over corporate risk-taking.
Microsoft shareholders recently rejected a proposal to invest in Bitcoin, despite predictions of significant market growth. The proposal, presented by MicroStrategy CEO Michael Saylor, called for Microsoft to diversify its portfolio by allocating a portion of its reserves to Bitcoin.
MicroStrategy's bitcoin buying spree has been rocket fuel for its stock price. Now, more companies are considering adding it to their balance sheets.