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December 4, 2024 1:06 PM
Microsoft's shareholders are set to vote on whether the company should integrate Bitcoin into its investment strategy. Polymarket users overwhelmingly predict the proposal's rejection, citing less than a 10% probability of approval. Critics suggest that mixing BTC with a traditionally safe investment like Microsoft might be counterproductive, even though proponents like Michael Saylor argue it could drive massive value creation.
Saylor, MicroStrategy’s co-founder, advocates that Microsoft cannot afford to miss BTC, which he considers the next great technological wave. He predicts BTC adoption could boost Microsoft's stock price significantly over the next decade.
Should Microsoft adopt Bitcoin, it could set a precedent for institutional investments in digital assets. However, skepticism surrounding volatility and valuation challenges poses a significant barrier.
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