Only 0.55% of Microsoft shareholders voted in favor of Bitcoin investment proposal
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On December 12, according to CoinDesk, based on documents recently filed by Microsoft with the U.S. Securities and Exchange Commission, only 0.55% of shareholders voted in favor of a proposal to include Bitcoin (BTC) on the company's balance sheet.
The proposal was submitted to shareholders for a vote on November 10 by the National Center for Public Policy Research, suggesting that Microsoft allocate 1% of its total assets to BTC as a potential inflation hedge.
reported yesterday that Microsoft shareholders voted against the Bitcoin investment proposal.
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