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Will Microsoft Shareholders Vote ‘Yes’ On Bitcoin? What To Expect

  • Microsoft Corporation (NASDAQ: MSFT) revealed that an 'Assessment of Investing in Bitcoin' will be a voting item at its forthcoming shareholder meeting on December 10.
  • Microsoft's board of directors has recommended voting against the Bitcoin investment proposal, stating that it is unnecessary as the company already considers cryptocurrencies in their broader investment strategy.
  • Major shareholders such as Vanguard, BlackRock, and State Street will play a pivotal role in determining the outcome of the proposal. Vanguard is expected to vote 'no,' while BlackRock has been supportive of Bitcoin.
  • Industry analysts predict that the proposal to invest in Bitcoin will not gain sufficient support among Microsoft shareholders.

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