• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Michael Saylor to Pitch Bitcoin Investment to Microsoft

user avatar

by Giorgi Kostiuk

2 years ago

Michael Saylor, the Chairman of MicroStrategy, has been given the go-ahead to make a three-minute presentation to Microsoft's board regarding Bitcoin investment.

Background and Saylor's Initiative

Michael Saylor was contacted by activists to present his idea of investing in Bitcoin to Microsoft's board. He believes this should be considered by other major companies with large cash reserves.

I think it’s not a bad idea to put it on the agenda of every company. It ought to be put on the agenda of Berkshire Hathaway and Apple and Google and Meta because they all have huge hordes of cash, and they’re all burning shareholder value.

Microsoft's Response to the Proposal

In October, Microsoft disclosed that voting in December would include a proposal about Bitcoin investment, initiated by the National Center for Public Policy Research. However, Microsoft's board recommended voting against it, as they already evaluate a wide range of investable assets including Bitcoin.

Prospects and Possible Implications

According to the deputy director of the NCPPR’s Free Enterprise Project, if Microsoft conducts the assessment and decides not to invest in Bitcoin, it could lead to tension within the company. This is a developing story, and further information will be added as it becomes available.

Michael Saylor's proposal may become an important step in Microsoft's decision-making on future investments, considering current cryptocurrency market trends.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Arkham Introduces Strict Editorial Policy

chest

Arkham has introduced a strict editorial policy that emphasizes accuracy, relevance, and impartiality in its reporting.

user avatarLi Weicheng

New Report Released Based on SEC Data

chest

The report is based on information sourced from the SEC, aiming to provide accurate financial information and increase transparency in financial reporting.

user avatarAisha Farooq

Chainlink Report Highlights Editorial Policy

chest

A recent report from Chainlink emphasizes the importance of a strict editorial policy that focuses on accuracy, relevance, and impartiality.

user avatarTenzin Dorje

BNB Chain Report Highlights Editorial Policy

chest

A report from BNB Chain emphasizes its strict editorial policy prioritizing accuracy, relevance, and impartiality.

user avatarBayarjavkhlan Ganbaatar

Cardano Foundation Implements Strict Editorial Policy

chest

The Cardano Foundation has recently established a strict editorial policy that emphasizes accuracy, relevance, and impartiality in its reporting.

user avatarMohamed Farouk

Ripple Strengthens Its Editorial Guidelines for Improved Accuracy.

chest

Ripple has announced a strict editorial policy that focuses on accuracy, relevance, and impartiality in its communications.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.