Microsoft shareholders have overwhelmingly rejected a proposal to invest in Bitcoin, with less than 1% voting in favor. The proposal aimed to add Bitcoin and other cryptocurrencies to the company’s balance sheet.
Less than 1% of Microsoft shareholders voted in favor of a proposal to add Bitcoin to the company’s balance sheet. The proposal, which was put forth by a group of investors, aimed to have Microsoft invest in Bitcoin and other cryptocurrencies. However, the majority of shareholders rejected the proposal, with less than 1% voting in favor. This outcome suggests that the idea of investing in Bitcoin may not be widely accepted among Microsoft’s shareholder base.