Comment on 99% of Microsoft shareholder voted against Bitcoin in reserves

99% of Microsoft shareholder voted against Bitcoin in reserves

Microsoft shareholders strongly opposed a recent proposal to invest part of the company’s assets in Bitcoin (BTC). As many as 5.148 billion votes were against the proposal, with only 28.234 million Microsoft shareholders voting in favor, according to the annual  Microsoft Investor Relations report. The reported data shows that only 0.55% of the total votes favored the investment. Last month, a Microsoft document filed with the Securities and Exchange Commission (SEC) revealed that the company planned to assess investing in Bitcoin and vote on the issue during a meeting.

 

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