Odaily Planet Daily News: Dell has officially rejected a shareholder proposal that called for Bitcoin to be included in the company's treasury. In a response letter dated May 9, Dell stated that proposals that 'delve into complex matters, preventing shareholders from making informed judgments and thereby leading to improper micro-management of the company' can be excluded. The supporting statement for this proposal revealed the proponent's intention to micro-manage the management's discretion in handling the company's cash and constructing an investment structure, advocating that Dell should consider replacing part of its cash and bonds with assets like Bitcoin that can outpace inflation. However, staff previously pointed out that mandating a company's investment form would improperly restrict management's discretion in ordinary business matters. Whether demanding investment in cryptocurrency assets or divesting such assets, the proposal improperly limits the autonomy of management and the board in company governance.