Pages:
Author

Topic: Microsoft shareholders will be voting if company should invest in Bitcoin! (Read 314 times)

hero member
Activity: 1190
Merit: 543
fillippone - Winner contest Pizza 2022
I think all these are distractions, I would be very surprised if Microsoft or some big organizations such as it hasn't yet invested in Bitcoin, but they are just seeking formalities to what they have already done, it's very hard for top organization with lots of enlightened financial services wouldn't have by now understood the endless opportunities Bitcoin offers them.
Maybe they want more fame and want to distract us on thinking many their decisions would influence the price of Bitcoin making other holders that would have think of selling part of their holdings to halt their decisions. The microstrategy has been known as one of the biggest companies that are investing hugely on Bitcoin. There is no way their decision can influence the price of Bitcoin right away and I see this as an opportunity to control the price of Bitcoin. They should keep their decisions to themselves and not try to manipulate the market, now that we are expecting the price of Bitcoin to do better than what we have seen in the past days.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
If a company as huge as MS invests in bitcoin it will have a domino effect and give the green light to all the other
Fortune 500 companies to start investing in bitcoin as well. The domino effect would be insane.

MS board members are crazy to not understand how the domino effect would serve to pump their bags massively.

Bitcoin would likely be well over $100k in price years ago if crazy Elon didn't do a total 180 on bitcoin back in 2021.
Tesla would be worth maybe double what it is now due to bitcoin appreciation if it weren't for his crazy behavior.
I believe we could definitely see Microsoft invest into bitcoin eventually, maybe not right now but there is a possibility of that happening and I can see something like this benefiting them as well. While that may not look like the case at the moment, I believe this isn't really a bad case. They may not want shareholders to vote for it right now, and maybe they feel like they are not ready yet, but I believe they will get where they want to get and they shouldn't be really worried about it, we are going to eventually see them do fine and shouldn't be really all that crazy to think one day they will put all their reserves into bitcoin as well.

This isn't the time for it, they are not there yet, and I understand it may feel scary for them. Plus, I do not think they will go out and straight up buy bitcoin, while they are a tech company and I am sure they can still do that, the reality is they will probably just put it in some ETF, like Blackrock, so that they could be safe.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
I will buy shares of Microsoft so I can vote yes to the bitcoin proposal. I suggest every bitcoiner do the same if possible and even better if you already own shares of the company. One share of common stock is equal to one vote so you don't have to own a lot of shares to be elgible to vote but I don't know how long you have to be a shareholder if the vote is being held in less than two months on December 10.


Microsoft Board Asks Shareholders to Vote Against Investing in Bitcoin: SEC Filing
https://decrypt.co/288185/microsoft-asks-shareholders-vote-against-investing-bitcoin-sec-filing?amp=1


I think the chances of approval are not very high but you never know. Of course it would be beyond massive for bitcoin if they voted yes.



The big shareholders are the ones, who will decide the outcome of the vote. Buying 100 shares, so you could have 100 votes won't change anything. Also, buying Microsoft shares, just because you want to vote on such proposal seems stupid to me. You should by Microsoft stocks, if you are convinced in the long term growth of the stock price and the potential dividends, that the company might pay off to the shareholders.  I don't believe that Microsoft would ever become a crypto friendly company, even if the majority of the shareholders want this.


Why can't they be a crypto friendly company? And they don't have to be a crypto-friendly company to invest in bitcoin. After all, they are investors so all they care about is profit. They don't have to be friendly or like it but as long as it can be profitable I think they will consider it. As OP provided, Backrock is the 2nd largest shareholder of Microsoft so I think they will have a significant impact on the vote.

But I also disagree with OP's idea that we buy Microsoft stock just for voting purposes. I don't see this as anything to do with us, it's their internal matter and whether they invest in bitcoin or not is their own decision. They will consider based on their interests, not ours. We don't benefit from this so we don't need to worry about it too much, what we should focus on is how much bitcoin we own, not which institutions invest in bitcoin and how much bitcoin they hold.
member
Activity: 302
Merit: 46
NO SHITCOIN INSIDE
Ultimately, whether or not to invest in bitcoin is their decision and has nothing to do with us. If they disapprove and veto investing in bitcoin, they have their reasons. We shouldn't call them stupid or criticize them just because they don't invest in bitcoin.
The ultimate goal of investment is profit and bitcoin is not the only investment that brings profit, we have many different investments and each person has their own choice.
Bitcoin is no longer an infant asset of investment like in 2009 and a couple of years later, but now in 2024, Bitcoin is still a risky asset and it is more risky in eyes of people who have yet participated with capital of investment in this market. Microsoft as a big tech corporation has their reasons to veto this proposal, but it does not restrict Microsoft shareholders to decide what they can do with their shares, then money. If they really want to invest in Bitcoin, and see it as more potentially profitable than holding Microsoft shares, they will sell shares and switch their investment to Bitcoin.

Quote
Just because someone else doesn't think like us doesn't mean we have the right to criticize them, look down on them, or impose our thoughts on them.
I saw this news yesterday but I didn't pay attention because it had nothing to do with us.
Criticize each other mostly won't lead to any agreement especially in investment into a risky asset like Bitcoin. You can discuss with them, but if there are too much differences, let move on on your own path and let the discussion ends peacefully.

What reasons does Microsoft have for not doing it? They need to explain it to their shareholders. What do they have to lose by investing just a tiny fraction of their portfolio? It makes them look stupid to refuse to invest in the most successful ETF launch in US history, while Microstrategy the largest corporate holder of bitcoin has them beat in earnings by a mile, as well as topping the S&P 500 in earnings. If that wasn't enough, Blackrock is their second largest shareholder and has accumulated hundreds of thousands of bitcoin assets under management, in less than a year!

As one of the world's largest publicly traded companies, they owe their shareholders a logical explanation.  It makes no sense to just say, we looked into and decided not to do it but sorry we can't give you the reason. That tells me they are full of crap.

I believe they actually do want to invest in bitcoin, but want to appear politically correct by publicly saying no, while giving the shareholders a nod and a wink. Anything is possible.
hero member
Activity: 3178
Merit: 937
I will buy shares of Microsoft so I can vote yes to the bitcoin proposal. I suggest every bitcoiner do the same if possible and even better if you already own shares of the company. One share of common stock is equal to one vote so you don't have to own a lot of shares to be elgible to vote but I don't know how long you have to be a shareholder if the vote is being held in less than two months on December 10.


Microsoft Board Asks Shareholders to Vote Against Investing in Bitcoin: SEC Filing
https://decrypt.co/288185/microsoft-asks-shareholders-vote-against-investing-bitcoin-sec-filing?amp=1


I think the chances of approval are not very high but you never know. Of course it would be beyond massive for bitcoin if they voted yes.



The big shareholders are the ones, who will decide the outcome of the vote. Buying 100 shares, so you could have 100 votes won't change anything. Also, buying Microsoft shares, just because you want to vote on such proposal seems stupid to me. You should by Microsoft stocks, if you are convinced in the long term growth of the stock price and the potential dividends, that the company might pay off to the shareholders.  I don't believe that Microsoft would ever become a crypto friendly company, even if the majority of the shareholders want this.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
Ultimately, whether or not to invest in bitcoin is their decision and has nothing to do with us. If they disapprove and veto investing in bitcoin, they have their reasons. We shouldn't call them stupid or criticize them just because they don't invest in bitcoin.
The ultimate goal of investment is profit and bitcoin is not the only investment that brings profit, we have many different investments and each person has their own choice.
Bitcoin is no longer an infant asset of investment like in 2009 and a couple of years later, but now in 2024, Bitcoin is still a risky asset and it is more risky in eyes of people who have yet participated with capital of investment in this market. Microsoft as a big tech corporation has their reasons to veto this proposal, but it does not restrict Microsoft shareholders to decide what they can do with their shares, then money. If they really want to invest in Bitcoin, and see it as more potentially profitable than holding Microsoft shares, they will sell shares and switch their investment to Bitcoin.

Quote
Just because someone else doesn't think like us doesn't mean we have the right to criticize them, look down on them, or impose our thoughts on them.
I saw this news yesterday but I didn't pay attention because it had nothing to do with us.
Criticize each other mostly won't lead to any agreement especially in investment into a risky asset like Bitcoin. You can discuss with them, but if there are too much differences, let move on on your own path and let the discussion ends peacefully.
copper member
Activity: 2282
Merit: 608
🍓 BALIK Never DM First
Interesting to note, it turns out Blackrock is the second largest shareholder of Microsoft stock.

Blackrock of course is the largest asset manager in the world, are huge proponents of bitcoin, and issuer of the world's largest bitcoin spot ETF. Blackrock will probably have a significant influence on how the vote turns out which could possibly tip the scales in favor of the ayes. Given bitcoins massive success for companies like Microstrategy and Tesla it would be plain stupid for the shareholders to vote against it.

Ultimately, whether or not to invest in bitcoin is their decision and has nothing to do with us. If they disapprove and veto investing in bitcoin, they have their reasons. We shouldn't call them stupid or criticize them just because they don't invest in bitcoin.
The ultimate goal of investment is profit and bitcoin is not the only investment that brings profit, we have many different investments and each person has their own choice.

Just because someone else doesn't think like us doesn't mean we have the right to criticize them, look down on them, or impose our thoughts on them.
I saw this news yesterday but I didn't pay attention because it had nothing to do with us.
member
Activity: 210
Merit: 31
Clarification point on the forum title, they asked them to vote AGAINST holding Bitcoin. Very important distinction for the discussion.
sr. member
Activity: 602
Merit: 291
Bitcoin in Niger State💯
I think all these are distractions, I would be very surprised if Microsoft or some big organizations such as it hasn't yet invested in Bitcoin, but they are just seeking formalities to what they have already done, it's very hard for top organization with lots of enlightened financial services wouldn't have by now understood the endless opportunities Bitcoin offers them.
I share the same thoughts with you about this. It is at this time when Bitcoin have gone widespread, when plenty small businesses are investing in Bitcoin with confidence that Microsoft will be talking about getting its investors or shareholders to vote to either invest or not? This does not make any sense to me rather a media hullabaloo just to cause noise and distraction too.

Beside, if the company has a critical decision to make like that, they would have quietly used their internal mechanism to do so instead of coming out to mention. We'll, it could be a strategy the company may decide to adopt but that doesn't make any sense to me, regardless.
member
Activity: 302
Merit: 46
NO SHITCOIN INSIDE
Interesting to note, it turns out Blackrock is the second largest shareholder of Microsoft stock.

Blackrock of course is the largest asset manager in the world, are huge proponents of bitcoin, and issuer of the world's largest bitcoin spot ETF. Blackrock will probably have a significant influence on how the vote turns out which could possibly tip the scales in favor of the ayes. Given bitcoins massive success for companies like Microstrategy and Tesla it would be plain stupid for the shareholders to vote against it.
hero member
Activity: 1540
Merit: 812
Leading Crypto Sports Betting & Casino Platform
I will buy shares of Microsoft so I can vote yes to the bitcoin proposal. I suggest every bitcoiner do the same if possible and even better if you already own shares of the company. One share of common stock is equal to one vote so you don't have to own a lot of shares to be elgible to vote but I don't know how long you have to be a shareholder if the vote is being held in less than two months on December 10.
No one knows for sure if this is a strategy by the company to get investors to buy Microsoft stock so they can recover from their indirect bitcoin purchases. It could be a deliberate idea because companies are starting to understand that bitcoin is much better at retaining value. I'm just assuming and there may be no proof of reference but I'm sure any company that is open enough to bitcoin, the suggestion or recommendation to vote on any proposal will be valid for the final decision.

All shareholders both small and large will feel the benefit after the decision is made and maybe the price of bitcoin will get a little upward momentum from the positive process carried out by the company in the short term especially and this will be very interesting to wait and see how the process continues.
legendary
Activity: 2576
Merit: 1860
The chances of approval are indeed "not very high". The board itself is recommending to the shareholders to vote against it. Microsoft's management also mentioned that it has already carefully considered the subject. The board and the management are most certainly aligned on this.

But I guess the point is not whether Microsoft invests in Bitcoin or not following the annual shareholders meeting this December. The point is, who would have thought that the electronic currency once dismissed as a Ponzi and a criminal's money by governments and companies would one day hit the agenda of the world's largest software company's annual shareholders meeting?

The progress is noticeable.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
It was said, but personaly I don't see how much Bitcoin can benefit from such investment.
Now, if they decide to start building their own ecosystem on top of Bitcoin's one it will be a major one which will be much more helpfull for Bitcoin. I really think that someday this will become reality, but till then I am sure that we still have very much in front of us.
that's right. We've got ETF with its massive inflow, and other big financial institutions already investing in BTC and pouring billions, even if microsoft somehow invests in BTC, it won't be a big news, maybe a surprising one but definitely not a shocking ones, also, the investment will definitely be lesser than the likes of microstrategy and blackrock. I just don't think their participation to invest in BTC will matter.

we need to accept the fact that a big corporation investing to BTC is just another day for bitcoin, it's nothing new anymore.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
I think all these are distractions, I would be very surprised if Microsoft or some big organizations such as it hasn't yet invested in Bitcoin, but they are just seeking formalities to what they have already done, it's very hard for top organization with lots of enlightened financial services wouldn't have by now understood the endless opportunities Bitcoin offers them.
legendary
Activity: 2338
Merit: 1775
Catalog Websites
I think buying shares to support the Bitcoin proposal is a solid move, even if the board is against it. A 'yes' vote could really make a big difference for Bitcoin! Every vote counts, so it's important to own shares before December 10. If enough of us rally together, we could really make an impact.
What do you think could happen to Microsoft and Bitcoin if the vote ends up being a 'yes' for the investment, especially given what the board thinks right now?

In my opinion, the bitcoins on Microsoft's balance sheet will not benefit either the first cryptocurrency or its holders in the future. Yes, perhaps the price of Bitcoin will rise a little on this news...

However, what will happen next?

The board of directors of Microsoft is against blockchain technology. These people have completely different priorities - in particular, artificial intelligence. This makes some sense, since artificial intelligence technologies can be directly used in Microsoft products (for example, in the Windows operating system).

Thus, Microsoft will be a very bad and unreliable holder of Bitcoin. At the first signal of the beginning of a serious global economic crisis, Microsoft will sell its Bitcoins, which will cause panic among other holders and a rapid fall in the price of the first cryptocurrency.
member
Activity: 302
Merit: 46
NO SHITCOIN INSIDE
Nooooo! No more institutional investors please!

Bitcoin doesn't need institutional investors anymore. I really don't want deep-pocket companies to get into Bitcoin and control a large supply of it. When everything is controlled by big companies and politicians, let Bitcoin stay as a common mans' currency system.

Unfortunately I can't buy Microsoft share in my country directly. Otherwise I would have voted for No.

With involvement of major players Bitcoin becomes legitimized.
Without involvement of these big players bitcoin remains little more than play money or Monopoly money, a fringe asset.

For bitcoin to be more useful and widely accepted the big players will have to get involved. And their involvement is inevitable, for better or worse. Bitcoin was made to be used by literally anyone, and that includes the corporates and institutions.  That is the reality.

On the bright side, it seems to me at least when bitcoin becomes adopted by these major players then governments are probably much less likely to try to ban it or cripple it, or tax it out of existence. So that is something positive.
legendary
Activity: 3080
Merit: 1500
Nooooo! No more institutional investors please!

Bitcoin doesn't need institutional investors anymore. I really don't want deep-pocket companies to get into Bitcoin and control a large supply of it. When everything is controlled by big companies and politicians, let Bitcoin stay as a common mans' currency system.

Unfortunately I can't buy Microsoft share in my country directly. Otherwise I would have voted for No.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
I will buy shares of Microsoft so I can vote yes to the bitcoin proposal. I suggest every bitcoiner do the same if possible and even better if you already own shares of the company. One share of common stock is equal to one vote so you don't have to own a lot of shares to be elgible to vote but I don't know how long you have to be a shareholder if the vote is being held in less than two months on December 10.


Microsoft Board Asks Shareholders to Vote Against Investing in Bitcoin: SEC Filing
https://decrypt.co/288185/microsoft-asks-shareholders-vote-against-investing-bitcoin-sec-filing?amp=1


I think the chances of approval are not very high but you never know. Of course it would be beyond massive for bitcoin if they voted yes.



I just read it on instagram today that Microsoft is going to buy bitcoins soon.
I didn't knew it was still dependable on the amount of votes received from share holder.
Thanks for sharing the news and I hope Microsoft considers the plan to buy bitcoins because if they do, it will be a huge thing for the bitcoin community.
member
Activity: 133
Merit: 10
It was said, but personaly I don't see how much Bitcoin can benefit from such investment.
Now, if they decide to start building their own ecosystem on top of Bitcoin's one it will be a major one which will be much more helpfull for Bitcoin. I really think that someday this will become reality, but till then I am sure that we still have very much in front of us.
hero member
Activity: 1974
Merit: 539
Leading Crypto Sports Betting & Casino Platform
It would be naive to think that we could influence Microsoft's decisions and even if given the opportunity , I would not participate because it would not benefit me.  Microsoft is planning to invest in bitcoin, which means they are thinking about their own interests and not bitcoin's interests or any of our interests, so why should we waste our time supporting them?

To be fair ,  it would be great if a big corporation like Microsoft invested in bitcoin but everything is fine without them ,  bitcoin has been growing without the support of any corporation including Microsoft for the past 15 years .  Or rather , bitcoin doesn't need them, they need bitcoin if they don't want to become obsolete . If they don't get in now, they will miss out on more opportunities because sooner or later they will invest in bitcoin . After all , bitcoin is inevitable.
Pages:
Jump to: