• Microsoft shareholders will vote on the Bitcoin investment proposal on Dec. 10, driven by NCPPR advocacy.  
• Michael Saylor to present Bitcoin’s potential to Microsoft, citing MicroStrategy’s 581% stock surge this year.  
• Microsoft board advises against Bitcoin plan, prioritizing AI; shareholder lawsuits could follow if Bitcoin rises.  

Microsoft’s board of directors will evaluate a proposal on December 10 to consider Bitcoin as an investment option. The NCPPR advocated for the plan, pointing to MicroStrategy’s accomplishment with Bitcoin.

Michael Saylor, the chairman of MicroStrategy, confirmed his participation in the upcoming discussions. He will present a three-minute pitch to Microsoft’s board on the potential of Bitcoin. This decision follows an invitation from the activist organization advocating for Bitcoin adoption.  

Saylor emphasized that large corporations, such as Microsoft, Apple, and Meta, should consider Bitcoin investments. He highlighted the substantial cash reserves these companies hold, which he believes could be better utilized. He also stated that Bitcoin could diversify enterprise value and reduce risks associated with reliance on quarterly earnings.  

MicroStrategy’s Performance Adds Pressure  

MicroStrategy’s Bitcoin-focused approach has yielded impressive profits for its investors. Data indicates MicroStrategy’s stock has experienced a 581% increase in value this year. The NCPPR has used this performance to argue that Microsoft is missing a critical opportunity to boost shareholder value.  

Major financial institutions, including Vanguard and BlackRock, are Microsoft’s top shareholders. Vanguard holds shares in crypto-related firms like Coinbase and MARA Holdings.  

Microsoft’s Initial Stance 

Microsoft’s board has recommended a vote against the proposal, stating that the company already evaluates various investable assets, including Bitcoin. They assert that their current focus remains on artificial intelligence, which they see as a priority.  

However, Ethan Peck, NCPPR’s deputy director, warned of potential legal consequences. He argued that shareholders could file lawsuits if Microsoft disregards the proposal and Bitcoin’s value rises significantly.  

The vote’s outcome could influence corporate strategies toward cryptocurrency adoption, making this a closely watched decision in the financial and tech sectors.

The post Michael Saylor to Present Bitcoin Strategy to Microsoft Directors Ahead of Key Shareholder Vote appeared first on Crypto News Land.

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