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at the end of tomorrow, macroscopeA financial analyst focusing on Bitcoin, revealed A new SEC filed Explaining that Microsoft is voting this December on whether it should invest in Bitcoin or not.
At first I thought there was no way this was going to happen right now, and I thought it would just be a short-term hype, especially after seeing a statement in the filing stating that Microsoft’s board recommended Its shareholders will vote against the proposal to “assess an investment in Bitcoin.”
But then Macroscope came out with another update that revealed something promising. Microsoft is urging its shareholders to vote against the proposal Because Their management is “already considering this topic carefully.”
If Microsoft were to follow in the footsteps of MicroStrategy (a wild thing to type and say to myself) it would mark a historic milestone for Bitcoin: Microsoft is third The world’s largest company by market capitalization with $3.208 trillion.
Will this really happen? At present no one can guess this. But Michael Saylor has himself contacted Met with Microsoft Chairman and CEO Satya Nadella to discuss the possibility. If there’s one person who can speak Nadella’s language and get things done, it’s Saylor. And there are plenty of reasons why Microsoft should invest in Bitcoin… like having $75 billion of cash on hand that’s melting like a snowflake.
Having said that, just because Saylor understands the importance of holding actual BTC on its balance sheet, that too knows Other large corporations interested in investing in Bitcoin may prefer a different method of exposure (such as purchasing shares of a spot Bitcoin ETF). So if Microsoft were to invest in Bitcoin, I think they would probably buy shares of BlackRock and other Bitcoin ETFs. (Although I would love to be wrong, and they would actually have to buy BTC and hold it on their balance sheet.)
In any case, after reading all this one thing is for sure: Bitcoin is now too big to ignore, even for the largest companies in the world.
This article is a TakeThe opinions expressed are solely those of the author and do not necessarily reflect the opinions of BTC Inc. or Bitcoin Magazine.
