Microsoft asks shareholders to vote against an assessment of investing in Bitcoin in SEC filing
Microsoft suggests shareholders vote against a proposal to conduct an assessment of Bitcoin as an investment asset, due to the company already considering Bitcoin as an investment option.
In an Oct. 24 U.S Securities and Exchange Commission filing, the item “Assessment of Investing in Bitcoin” is listed as one of the proposals that Microsoft shareholders will be voting for or against in a Dec. 10 annual meeting. However, the Microsoft board suggests that they vote against it.
The reasoning behind it is Microsoft claims that an assessment of Bitcoin(BTC) would be unnecessary due to the fact that the company has “already carefully considers this topic.”
“Past evaluations have included Bitcoin and other…