Microsoft shareholders reject adding Bitcoin to balance sheet, but more companies may buy, boosting Bitcoin.

From Nasdaq: 2024-12-15 05:00:00

Microsoft shareholders reject proposal to add Bitcoin to balance sheet, board recommended against it. If approved, other companies may have followed suit, boosting Bitcoin adoption. National Center For Public Policy Research targets Amazon next. Companies buying Bitcoin could see increased shareholder value. Current corporate Bitcoin holders are mostly crypto-related companies. Biotech companies plan to buy Bitcoin to participate in future upside potential. Shareholder activism could lead to more companies buying Bitcoin, driving up its price. Main Street, Wall Street, and Washington support Bitcoin adoption. Keep an eye on Amazon’s upcoming vote on Bitcoin adoption.

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Read more at Nasdaq: Microsoft Just Made a Momentous Decision About Bitcoin That Could Dramatically Affect Your Ability to Become a Crypto Millionaire