, ,

Microsoft shareholders reject proposal to buy Bitcoin as strategic reserve

Despite a pitch from MicroStrategy’s Michael Saylor, Microsoft shareholders voted against the company investing in Bitcoin as a strategic reserve.

Here’s Saylor’s pitch to Microsoft:

@___stefanoinga

Michael Saylor in missione per convincere Microsoft: 44 slide in 3 minuti per promuovere Bitcoin!🚀 In una presentazione lampo – con slide visibili anche solo per 2 secondi – il presidente di Micro Strategy ha illustrato i potenziali vantaggi di #Bitcoin per il colosso tecnologico. Tra le promesse più audaci? Un aumento di quasi 5.000 miliardi di dollari nel market cap di Microsoft e il consiglio di investire 100 miliardi di dollari all’anno nella criptovaluta.🟠

♬ original sound – Stefano Inga

The Board of Directors, however, recommended against the proposal as did the proxy advisory firms Institutional Shareholder Services and Glass Lewis, according to Bloomberg.

Leave a Reply


Discover more from  ₿itcoin is eating the world

Subscribe now to keep reading and get access to the full archive.

Continue reading