The Microsoft shareholder meeting concluded with a decision against investing in Bitcoin. Shareholders voted in line with the board of directors' recommendation to reject the proposal.
The proposal, put forth by the National Center for Public Policy Research, suggested Bitcoin as a strategic hedge against inflation. However, Microsoft's board was not in favor of including the cryptocurrency on the company's balance sheet, urging stakeholders to decline the offer.
This decision reflects Microsoft's cautious approach towards cryptocurrency investments, prioritizing the board's strategy over alternative financial maneuvers in the face of inflation.