Microsoft shareholders coordinate Bitcoin in December

• Microsoft shareholders will vote at the annual general meeting in December, among other things, on the assessment of an investment in Bitcoin.
• This follows the trend that companies include Bitcoin as inflation protection in their balance sheets.
• The Microsoft board advises against voting for the application, on the grounds that the company management had dealt intensively with the topic.

recent submissions of the Securities and Exchange Commission (SEC) show that Microsoft intends to set the topic of an investment in Bitcoin on his shareholder assembly planned for December 9th, however, remains unclear whether the proposal relates to the proposal that Microsoft Bitcoin will take its balance sheet Seriously considering an investment.

microstrategy and the trend of the Bitcoin state bonds of companies

The inclusion of Bitcoin in their balance sheets is a growing trend that started with the fact that Microstrategy, a provider of business intelligence software, bought Bitcoin in 2020, at a time when cryptocurrencies were unpopular.

Since then, the trend has increased due to the success of the efforts of Microstrategy; The share price rose by 246 % this year, from $ 68.39 on January 2 ^{nd at the time of writing to $ 235.89, which is largely due to the assessment of its large Bitcoin stock, which is about 252,000 BTC worth around $ 17.1 billion at the time of writing.}

Since Microstrategy, companies such as Tesla and Metaplanet Inc. have included significant Bitcoin positions in their balance sheet.

Since the recognition and acceptance of cryptocurrencies increases, more and more companies recognize the potential of Bitcoin as inflation protection.

there remains a certain resistance

While the historical performance of Bitcoin in comparison to other investment classes has not been refuted in the past ten years, some companies remain skeptical whether they want to jump on the train. Most large technology companies in the United States have not invested in Bitcoin as asset class or included it in their balance sheet.

The Microsoft board advises shareholders to vote at the planned meeting to consider Bitcoin as an investment. The SEC Entering says: "The management of Microsoft is already careful."