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SPCX $146.91 -0.59%
MU $883.94 -2.51%
AMD $530.62 -2.63%

Microsoft will hold a shareholder vote tomorrow at 0:30 on whether to invest in Bitcoin

2024-12-10 20:07:28

ChainCatcher news, Microsoft will hold a shareholder vote on whether to include Bitcoin on its balance sheet at 0:30 Beijing time on December 11. The proposal was submitted by the American conservative think tank NCPPR, suggesting that Microsoft allocate at least 1% of its assets (approximately $780 million) to Bitcoin to hedge against inflation risks.

Prediction market Polymarket data shows that the probability of the proposal passing is currently reported at 12%.

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