Microsoft considering adding Bitcoin to balance sheet due to concerns about dollar stability

From Investing.com

October 25, 2024 3:30:21 pm:

Microsoft shareholders are set to vote in December on including Bitcoin in the company’s balance sheet, sparking interest in the crypto community. Anthony Pompliano believes Microsoft’s move reflects concern over long-term dollar stability, signaling Bitcoin’s appeal as a store of value amid inflation fears driving capital influx and potential price surge.

Despite internal interest, Microsoft’s board advises against the proposal to integrate Bitcoin. The National Center for Public Policy Research argues that corporations have a fiduciary duty to protect shareholder value from economic risks, raising questions about Microsoft’s stance on cryptocurrency adoption.

Read more at Investing.com: Why Does Microsoft Need Bitcoin? Anthony Pompliano Reveals By U.Today