>> (p.1)
    Author Topic: 8 months ago Microsoft voted against putting bitcoin on their balance sheet.  (Read 425 times)
    headingnorth (OP)
    Full Member
    ***
    Offline Offline

    Activity: 683
    Merit: 159


    View Profile
    July 13, 2025, 05:24:17 AM
    Merited by BitGoba (1)
     #1

    Not a very smart move. Larry Fink does not approve.

    MS had tens of billions in cash to invest. Would it have killed them to allocate
    just a tiny bit, maybe $10 million or so to bitcoin?

    I hope they enjoy holding on to their rapidly melting ice cubes of cash.
    What did MS do with all that cash? They probably put much of it in bonds, even
    after Jamie Dimon of JP Morgan and many others predicted a high likelihood of a
    crash in the bond market. No country wants to buy that worthless shit anymore.
    China and Japan the two biggest holders of US bonds are dumping them like crazy.

    So why would any sane person want to hold that shit? I swear the MS Board of Directors
    and shareholders are dumb as dirt. Meanwhile their worthless bonds are losing value faster
    than a melting ice cube.



    Quote

    Shareholder Vote: On December 10, 2024, Microsoft shareholders voted against a proposal
    urging the company to add Bitcoin to its balance sheet. The proposal, put forth by the
    National Center for Public Policy Research, suggested allocating a small percentage (1-5%)
    of the company's assets to Bitcoin as a hedge against inflation and to potentially increase shareholder value.

    Board's Recommendation: Microsoft's board of directors recommended that shareholders vote against the proposal.
    They argued that the company already has robust processes for evaluating a wide range of investable assets,
    including cryptocurrencies like Bitcoin, to fund its operations and ensure liquidity. They also emphasized
    that corporate treasuries require stable and predictable investments, and Bitcoin's volatility poses a significant
    risk to these applications.



    ETHEREUM IS THE MOTHER ASSHOLE FROM WHICH THE SHITCOINS SPRING
Page 1
Viewing Page: 1