Microsoft Decides Today on Bitcoin Investment
- Microsoft decides on Bitcoin investment today.
- Council focuses on artificial intelligence, not cryptocurrencies.
- Investment could change Bitcoin’s role in the corporate market.
On Tuesday, December 10, Microsoft is holding a meeting crucial with its shareholders to decide on a proposal to allocate 1% of its financial reserves to Bitcoin. The proposal, presented by the National Center for Public Policy Research (NCPPR), seeks to explore Bitcoin as a possible hedge against inflation, a strategy that could transform the relationship of large corporations with cryptocurrencies.
At the time of publication, the price of Bitcoin was quoted at US$95.582,65 with a drop of 3% in the last 24 hours.
Despite the potential impact, Microsoft’s board has recommended that shareholders reject the proposal. In a recent statement, the board emphasized that the company already evaluates a wide range of financial assets, including Bitcoin, and noted that its current priority is developing artificial intelligence (AI) technologies. Since 2019, Microsoft has committed more than $13 billion to AI, cementing strategic partnerships such as the one with OpenAI.
Microsoft Shareholders include institutional investors such as Vanguard Group, BlackRock and State Street, who together control 70% of the shares. This institutional profile, traditionally more conservative, should influence the decision, considering the volatility of Bitcoin and the long-term vision that guides their investments.
Retail investors, who hold about 23,5% of the stock, may have a more mixed view. Some see Bitcoin as a hedge against inflation and a highly valued asset. Executives and board members, who hold 6% of the stock, are more skeptical, aligning themselves with the board’s recommendations.
If approved, the proposal would position Microsoft among the largest corporate holders of Bitcoin, alongside companies such as MicroStrategy and Tesla. Microsoft has about $78 billion in cash and equivalents. A 1% investment would represent approximately $780 million, making the company the XNUMXth largest corporate holder of Bitcoin.
Bitcoin recently surpassed $100.000, driven by increased institutional adoption and favorable regulations. Today’s decision, while unlikely to pass, could set an important precedent, encouraging other companies to consider the digital asset in their financial strategies.
The market is closely monitoring the outcome of this vote. Although approval is considered unlikely, the proposal sheds light on the growing role of Bitcoin in the corporate market. If rejected, Microsoft will continue to prioritize its strategy in artificial intelligence, but the debate over cryptocurrencies among large corporations continues to rage.
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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