(Buy Bitcoin!)
Microsoft will hold a shareholders meeting on December 10, 2024 to vote on the company’s proposal to invest in Bitcoin. Although this move is considered important because it could signal broader acceptance of digital currencies, Microsoft’s board of directors has recommended that shareholders vote against the proposal.
The main reason behind this recommendation is the volatility of Bitcoin, which could affect the stability of the long-term investments that the company needs to run its operations. However, the board of directors made it clear that Microsoft regularly monitors digital currency trends and will take them into account when making future investment decisions.
If this proposal is approved, it could have a significant impact on the Bitcoin market as it represents support from one of the largest technology companies.
