Microsoft’s decision to steer clear of Bitcoin and keep its balance sheet traditional wasn’t just calculated, it was ruthless in its precision. On December 10, the tech giant’s shareholders torched a proposal to sink 1% of its $78 billion cash reserves into Bitcoin.
So keep your eyes on Bitcoin shareholder activism. Microsoft had a chance to make a momentous decision about Bitcoin and passed on the opportunity. But if you're a Bitcoin investor, there's no need to worry. In just a few months, Amazon will be the next big company with a chance to vote on Bitcoin adoption.
Microsoft shareholders strongly opposed a recent proposal for the company to invest part of its assets in Bitcoin.
Explore seven bold predictions for crypto in 2025, from Bitcoin’s global impact to the rise of ETFs, DeFi and stablecoins, and more.
MicroStrategy (MSTR) is on a tear, blowing past nearly every other stock in the U.S. with a 480% surge this year, thanks to one relentless strategy: buying
From Texas's bold adoption plan to BlackRock's continued backing, bitcoin's solid performance and rising demand underscore its prominence in the digital asset space. Meanwhile, Riot faces pressure to pivot to AI,
Everyone knows Microsoft (NASDAQ: MSFT) and its best-known products, including the Windows operating system and Microsoft 365 suite of productivity apps, but its growing cloud computing platform, Azure,
Prediction markets estimate a 77% likelihood that at least one Magnificent 7 company will add Bitcoin to its balance sheet in 2025.
Prediction markets have gone ballistic. Kalshi, one of the sharpest platforms out there, says there’s now a 77% chance that one of the Magnificent 7 companies (Apple, Amazon, Meta, Microsoft, Tesla, Nvidia,
MicroStrategy founder Michael Saylor made headlines in June 1998 when his stock surged over 70% on its debut, benefiting from the dot-com boom. In024, Saylor was back in the spotlight, urging Microsoft to invest over $70 billion cash reserve into Bitcoin,
MicroStrategy (MSTR), the company that's been buying up every available Bitcoin, is set to join the Nasdaq 100 index on December 23, 2024. The Nasdaq 100, a tech-heavy index featuring giants like Apple, Microsoft, and Tesla, now includes a company whose business strategy revolves almost entirely around Bitcoin.
MicroStrategy has acquired an additional 5,262 BTC, bringing its total holdings to over 158,000 BTC, reaffirming its status as the largest institutional Bitcoin holder. The purchase, worth $147.3 million at current market rates,