Microsoft’s shareholders will soon vote on adding Bitcoin to its balance sheet. Will Michael Saylor's pitch Orange Pill the tech giant? What are the stakes and risks?
Next week, Dec. 10 will mark a key date for Microsoft and the Bitcoin community because the tech giant’s shareholders will vote on whether to add BTC to its balance sheet.
The results will show whether shareholders are attracted by the current Bitcoin (BTC) bull market or wish to stick to Microsoft’s pragmatic and profitable approach to tech development.
On Oct. 24, before the United States presidential election, Microsoft’s 14a filing with the US Securities and Exchange Commission included a section called “Assessment of Investing in Bitcoin.” The filing says the company should consider diversifying its assets with Bitcoin as an “excellent, if not the best, hedge against inflation.”
