Microsoft’s decision to steer clear of Bitcoin and keep its balance sheet traditional wasn’t just calculated, it was ruthless in its precision. On December 10, the tech giant’s shareholders torched a proposal to sink 1% of its $78 billion cash reserves into Bitcoin.
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
Explore seven bold predictions for crypto in 2025, from Bitcoin’s global impact to the rise of ETFs, DeFi and stablecoins, and more.
Microsoft shareholders strongly opposed a recent proposal for the company to invest part of its assets in Bitcoin.
MicroStrategy (MSTR) is on a tear, blowing past nearly every other stock in the U.S. with a 480% surge this year, thanks to one relentless strategy: buying
From Texas's bold adoption plan to BlackRock's continued backing, bitcoin's solid performance and rising demand underscore its prominence in the digital asset space. Meanwhile, Riot faces pressure to pivot to AI,
Microsoft released the results of shareholder votes on Tuesday. (GeekWire File Photo /) None of the six outside shareholder proposals at
Crypto investors spent hundreds of millions of dollars to influence lawmakers in Washington and elect pro-crypto candidates this past election cycle.
Prediction markets estimate a 77% likelihood that at least one Magnificent 7 company will add Bitcoin to its balance sheet in 2025.
MicroStrategy founder Michael Saylor made headlines in June 1998 when his stock surged over 70% on its debut, benefiting from the dot-com boom. In024, Saylor was back in the spotlight, urging Microsoft to invest over $70 billion cash reserve into Bitcoin,