Microsoft’s Bitcoin proposal was rejected with just 0.55% support

Quick Summary:

A request to allocate 1% of Microsoft’s total assets to Bitcoin (BTC) as a hedge against inflation received a 0.55% approval.

Microsoft’s recent shareholder meeting about cryptocurrency adoption in corporate finance.

Which shows shareholders skepticism about digital assets though they have their own.

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Article Details

Author / Journalist: Sneha Murali

Category: Crypto

Markets: United Arab EmiratesUnited States

Topics: Bitcoin News Bitcoin Microsoft

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 09:49:36 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 421 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24376114

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 29 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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