Will Microsoft Shareholders Vote ‘Yes’ On Bitcoin? What To Expect

Quick Summary:

In a recent SEC filing dated Thursday, October 24, Microsoft Corporation (NASDAQ: MSFT) revealed that an “Assessment of Investing in Bitcoin” will be a voting item at its forthcoming shareholder meeting on December 10.

As of June 30, 2024, institutional investors held approximately 43.13% of Microsoft’s outstanding shares, while public companies and individual investors accounted for 56.84%.

Microsoft’s Global Treasury and Investment Services team evaluates a wide range of investable assets to fund Microsoft’s ongoing operations, including assets expected to provide diversification and inflation protection.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: Hungary

Topics: Btc price BTC news Btc Bitcoin News Bitcoin price Bitcoin news Microsoft Bitcoin News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-26 @ 01:00:47 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 603 words

Reading Time: 4 minutes read

Sentences: 44 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23246038

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 8 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 14 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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