Microsoft Considering Investing in Bitcoin, MacroScope Analyst Reveals
At the tail end of yesterday, MacroScope, a financial analyst focusing on Bitcoin, revealed a new SEC filing stating that Microsoft is voting this December on whether it should invest in bitcoin.
Initially, it seemed unlikely that this would happen, especially after noticing a detail in the filing stating that Microsoft’s board recommends its shareholders to vote against the proposal of “Assessment of Investment in Bitcoin.”
However, further updates from MacroScope revealed that Microsoft is urging its shareholders to vote against the proposal because their management “already carefully considers this topic.”
If Microsoft were to follow in the footsteps of MicroStrategy, it would mark a historic milestone for Bitcoin, given Microsoft’s status as the third largest company in the world by market capitalization at $3.208 trillion.
Will this actually happen? It’s anyone’s guess at the moment. But Michael Saylor has reached out to Microsoft’s Chairman and CEO Satya Nadella to discuss the possibility. There are compelling reasons why Microsoft should invest in bitcoin, such as having $75 billion in cash on hand that is losing value over time.
While Saylor advocates for holding actual BTC on their balance sheet, he acknowledges that other large corporations may prefer different exposure methods, such as purchasing shares of Bitcoin ETFs. If Microsoft were to invest in Bitcoin, they may opt for buying shares of BlackRock and other Bitcoin ETFs.
One thing is certain: Bitcoin is now too large to ignore, even for the biggest companies in the world.
Key Takeaways:
- Microsoft is considering investing in Bitcoin, as revealed by MacroScope analyst.
- Microsoft’s board recommends shareholders to vote against the proposal, but management is open to the idea.
- Michael Saylor has reached out to Microsoft’s CEO to discuss the potential investment.
- Bitcoin’s growing presence makes it appealing to major companies like Microsoft.
- The decision on whether Microsoft will invest in Bitcoin remains uncertain, but the potential impact is significant.
