Microsoft Shareholders Reject Proposal To Explore Bitcoin Investment
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24-hour global political and economic news overview | December 11.
Global Hotspot Sniping.
Hong Kong stock morning report on December 11: Citic Lyonn claims to be Bullish on the KUAJINGZIJIN flow and IPO recovery of the Hong Kong Stock Exchange, with SenseTime's share placement financing nearly 2.8 billion Hong Kong dollars directed towards cor
① CITIC Securities is Bullish on the flow of KUAJINGZIJIN and the recovery of IPOs at the Hong Kong Stock Exchange. ② SenseTime's share placement financing of nearly 2.8 billion yuan is used for the development of core Business. ③ HUA HONG SEMI's 12-inch production line at the Wuxi base has been completed and is in production. ④ The Shanghai Stock Exchange will review Guolian Securities' additional share issuance and acquisition matters next week.
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U.S. stocks closed: The Dow Jones fell for four consecutive days, Chinese concept stocks plummeted over 4%, as the market focused on the CPI report.
① The Nasdaq China Golden Dragon Index fell 4.34%, as China Concept Stocks collectively declined; ② Apple is reportedly planning to equip its smartwatches with satellite communication capabilities; ③ Google A rose 5.62%, as the company launched its latest quantum chip "Willow," achieving significant technological breakthroughs; ④ Microsoft shareholders voted against the Bitcoin investment proposal.
The proposal to invest in Bitcoin has been rejected! Microsoft (MSFT.US) prefers to choose assets with lower volatility.
At the annual Microsoft Shareholder meeting held this Tuesday, a proposal for Microsoft to consider investing in Bitcoin was rejected by the shareholders.
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Microsoft shareholders voted against the Bitcoin investment proposal: it cannot guarantee returns.
① Microsoft’s major shareholders voted against including Bitcoin on the company's balance sheet, believing it does not align with the long-term interests of shareholders; ② The Board of Directors of Microsoft opposes investing in Bitcoin, stating that corporate funds require stable and predictable investments to ensure liquidity and operational funds.
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