Microsoft shareholders vote 'no' on Bitcoin reserve
The company's board opposed the resolution, citing Bitcoin's purported volatility as a negative factor. Microsoft shareholders voted against a resolution to add Bitcoin to the company's balance sheets during the firm's annual meeting on Dec. 10. The National Center for Public Policy Research (NCPPR), a pro-free-market think-tank based in Washington, D.C., had proposed the resolution, framing it as a corporate duty to provide value to shareholders through profit diversification.
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