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Microsoft Tells Shareholders to Vote No on Bitcoin Investment Proposal

  • Microsoft has advised its shareholders to vote against a proposal suggesting it consider Bitcoin as part of its investment strategy.
  • The proposal, brought forward by the National Center for Public Policy Research, advocates for Bitcoin as a hedge against inflation.
  • Microsoft's board cautions against the proposal, highlighting the risks of cryptocurrency volatility and emphasizing its established treasury management processes.
  • The National Center for Public Policy Research argues that Bitcoin is a strong hedge against inflation and recommends allocating 1% of assets into Bitcoin.

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