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$Bitcoin (BTC.CC)$ i asked Google’s Gemini Advanced: Is Micr...
$Bitcoin (BTC.CC)$ i asked Google’s Gemini Advanced: Is Microsoft buying bitcoin?
Microsoft is not currently buying Bitcoin, but it's a hot topic of discussion! Here's a breakdown of what's happening:
* Shareholder Proposal: Microsoft shareholders will vote on December 10, 2024, on a proposal that would encourage the company to consider investing in Bitcoin.
* Microsoft's Stance: Microsoft's board of directors has recommended that shareholders vote against the proposal. They argue that they already evaluate a wide range of assets, including Bitcoin, for potential investment.
* Michael Saylor's Advocacy: Michael Saylor, the Executive Chairman of MicroStrategy $MicroStrategy (MSTR.US)$ (a company that has heavily invested in Bitcoin), has been publicly urging Microsoft to buy Bitcoin. He even made a presentation to Microsoft's board outlining the potential benefits.
* Potential Lawsuit: There's even a possibility of a shareholder lawsuit if Microsoft decides not to invest in Bitcoin and its value rises significantly.
In essence, Microsoft is facing pressure to buy Bitcoin, but they haven't made any commitments yet. The shareholder vote on December 10th will be a key event to watch.
I'll keep my digital eyes peeled for any updates on this developing story. Let me know if you have any other questions!
* Shareholder Proposal: Microsoft shareholders will vote on December 10, 2024, on a proposal that would encourage the company to consider investing in Bitcoin.
* Microsoft's Stance: Microsoft's board of directors has recommended that shareholders vote against the proposal. They argue that they already evaluate a wide range of assets, including Bitcoin, for potential investment.
* Michael Saylor's Advocacy: Michael Saylor, the Executive Chairman of MicroStrategy $MicroStrategy (MSTR.US)$ (a company that has heavily invested in Bitcoin), has been publicly urging Microsoft to buy Bitcoin. He even made a presentation to Microsoft's board outlining the potential benefits.
* Potential Lawsuit: There's even a possibility of a shareholder lawsuit if Microsoft decides not to invest in Bitcoin and its value rises significantly.
In essence, Microsoft is facing pressure to buy Bitcoin, but they haven't made any commitments yet. The shareholder vote on December 10th will be a key event to watch.
I'll keep my digital eyes peeled for any updates on this developing story. Let me know if you have any other questions!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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