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Breaking News: In Its Filing with the SEC, Microsoft Reportedly Discussed a Proposal for a “Bitcoin Investing Assessment” – But There’s a Detail to K

Breaking News: In Its Filing with the SEC, Microsoft Reportedly Discussed a Proposal for a “Bitcoin Investing Assessment” – But There’s a Detail to K

BitcoinsistemiBitcoinsistemi2024/10/25 01:25
By:Mete Demiralp

According to breaking news, Microsoft will reportedly hold a vote at its next shareholders meeting to evaluate its Bitcoin investment.

Microsoft disclosed in a filing with the SEC today that the Bitcoin Investment Consideration proposal is currently proposed and will be a voting item for the December 10th shareholder meeting (the filing states that “the Board of Directors recommends voting no on this proposal”).

You can review the relevant SEC document here.

The Microsoft board is recommending a no vote because they are “already considering a wide range of investable assets,” including Bitcoin.

*This is not investment advice.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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