Microsoft’s board is urging shareholders to reject a proposal examining bitcoin as a treasury diversification asset.
Bitcoin in Microsoft’s Treasury? The Proposal Sparking Debate
This week, speculation around Microsoft’s Dec. 10 shareholder meeting is circulating, as a recent U.S. Securities and Exchange Commission filing outlines a proposal that’s turning heads. Advanced by the National Center for Public Policy Research, the proposal casts bitcoin (BTC) as a possible hedge against inflation.
The proposal suggests Microsoft could boost its treasury diversification by placing at least 1% of its total assets in bitcoin. Microsoft’s board, however, insists current treasury frameworks suffice, urging shareholders to reject the proposal. Bitcoin advocates remain unconvinced, and BTC supporter and MicroStrategy founder Michael Saylor even addressed Microsoft CEO Satya Nadella directly on X, stating:
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Hey [Satya Nadella], if you want to make the next trillion dollars for [Microsoft] shareholders, call me.
Microsoft says, however, it keeps an eye on digital assets, including bitcoin and ether, as part of its ongoing strategy to stay attuned to economic trends. The board noted prior assessments, which included cryptocurrencies among other asset types for treasury management. Yet, Microsoft maintains that bitcoin’s extreme volatility undermines the consistency needed for effective corporate fund management.
Currently, Microsoft is the fourth-largest asset by market capitalization, while bitcoin (BTC) ranks tenth. The proposal’s outcome may reveal prevailing corporate views on cryptocurrency’s role in treasury management. While bitcoin supporters champion its potential as a hedge, Microsoft remains wary, favoring conventional strategies. This vote may signal if large corporations are open to digital assets—or if doubts over their volatility will continue to steer corporate strategies.
Source: https://news.bitcoin.com/microsofts-surprising-stance-on-bitcoin-as-a-treasury-asset-why-theyre-saying-no/