This December, Microsoft shareholders are set to vote on whether the company should diversify part of its assets into Bitcoin, an idea championed by the National Center for Public Policy Research (NCPPR).
While the board opposes the proposal, arguing it could disrupt Microsoft’s stable investment approach, NCPPR highlights Bitcoin’s inflation-resistant qualities and suggests that corporations allocate at least 1% of their assets to cryptocurrency.
The proposal underscores Bitcoin’s impressive performance, noting that it gained nearly 100% in a single year—far outpacing corporate bonds. NCPPR points to MicroStrategy as an example, whose stock surged 313% compared to Microsoft’s, largely due to its significant Bitcoin holdings.
Currently, Microsoft holds about $484 billion, mostly invested in government and corporate bonds that barely outpace inflation. While the board has previously reviewed Bitcoin as an option, it continues to favor traditional investments that offer consistent returns, concerned that cryptocurrency’s volatility could impact Microsoft’s operational cash flow.
This vote reflects a broader shift in traditional finance, where large institutions like BlackRock have begun offering Bitcoin ETFs. NCPPR argues that Bitcoin has proven to be a powerful inflation hedge, outperforming corporate bonds with a 414% gain over five years.
The upcoming vote, scheduled for December 10, could set a new precedent for how large companies like Microsoft approach crypto investments. NCPPR contends that corporations must look beyond conventional assets, even if these newer options come with more price volatility.
According to a new chart shared by Bitcoin Magazine Pro, the current Bitcoin market cycle may be entering its final stretch—with fewer than 100 days remaining before a potential market top.
Bitcoin (BTC) is once again hovering near its all-time high today as trading volumes have jumped by 13% in the past 24 hours upon breaking the $119,000 barrier, favoring a bullish Bitcoin price prediction. The top crypto has booked gains of 16% in the past 30 days and reached a new record at $123,091 earlier […]
Bitcoin is consolidating around $119,000 after last week’s all-time high above $123,000.
Strategy Inc. (NASDAQ: MSTR) has announced the launch of its fourth perpetual preferred stock offering, marking a new phase in the company’s ongoing efforts to expand its Bitcoin treasury holdings.