Microsoft’s pivotal vote on potential BTC investment on December 10

Microsoft vote on BTC investment: Microsoft shareholders are set to vote on investing in Bitcoin on December 10. While the move is backed by HIGH-profile figures like U.S. President-elect Donald Trump and Elon Musk, Microsoft’s board has so far been hesitant, prioritizing alternative assets that fit their broader strategy.

Proposal aims as inflation hedge: The proposed investment in Bitcoin is under evaluation as a hedge against inflation. The National Center for Public Policy Research supports this view, classing Bitcoin as an essential hedge for individuals and organizations. Still, Microsoft board members remain cautious, seeing the decision’s sensitivity.

Board sees BTC as speculative: Microsoft co-founder Bill Gates and board members are wary of Bitcoin, describing it as speculative with no intrinsic value. Despite significant attention and recent Bitcoin price surges, critics like Peter Schiff maintain a cautious stance, arguing for greater scrutiny of Bitcoin’s long-term viability.