8 months ago Microsoft voted against putting bitcoin on their balance sheet.

[headingnorth]

Not a very smart move. Larry Fink does not approve.

MS had tens of billions in cash to invest. Would it have killed them to allocate
just a tiny bit, maybe $10 million or so to bitcoin?

I hope they enjoy holding on to their rapidly melting ice cubes of cash.
What did MS do with all that cash? They probably put much of it in bonds, even
after Jamie Dimon of JP Morgan and many others predicted a high likelihood of a
crash in the bond market. No country wants to buy that worthless shit anymore.
China and Japan the two biggest holders of US bonds are dumping them like crazy.

So why would any sane person want to hold that shit? I swear the MS Board of Directors
and shareholders are dumb as dirt. Meanwhile their worthless bonds are losing value faster
than a melting ice cube.

Shareholder Vote: On December 10, 2024, Microsoft shareholders voted against a proposal
urging the company to add Bitcoin to its balance sheet. The proposal, put forth by the
National Center for Public Policy Research, suggested allocating a small percentage (1-5%)
of the company's assets to Bitcoin as a hedge against inflation and to potentially increase shareholder value.

Board's Recommendation: Microsoft's board of directors recommended that shareholders vote against the proposal.
They argued that the company already has robust processes for evaluating a wide range of investable assets,
including cryptocurrencies like Bitcoin, to fund its operations and ensure liquidity. They also emphasized
that corporate treasuries require stable and predictable investments, and Bitcoin's volatility poses a significant
risk to these applications.

[kotajikikox]

Not a very smart move. Larry Fink does not approve.

MS had tens of billions in cash to invest. Would it have killed them to allocate
just a tiny bit, maybe $10 million or so to bitcoin?

At this point, I believe they just did not want to be associated with bitcoin or crypto and all the ideologies that comes with it. Because with how big their company is, I am sure that they can afford to take a little bit of risks and not to mention that bitcoin has proven itself to be profitable despite being volatile. So that could only be the explanation.

[headingnorth]

Not a very smart move. Larry Fink does not approve.

MS had tens of billions in cash to invest. Would it have killed them to allocate
just a tiny bit, maybe $10 million or so to bitcoin?

At this point, I believe they just did not want to be associated with bitcoin or crypto and all the ideologies that comes with it. Because with how big their company is, I am sure that they can afford to take a little bit of risks and not to mention that bitcoin has proven itself to be profitable despite being volatile. So that could only be the explanation.

In other words, they are an example of collective stupidity at its finest.

[DanWalker]

In other words, they are an example of collective stupidity at its finest.

Just because an organization or individual doesn't invest in bitcoin doesn't mean they are stupid. We don't need to be hostile or hateful towards people who don't want to or refuse to invest in bitcoin because it is their choice and right.
Everyone has different opinions, preferences, and tastes, so don't try to impose your thoughts on others.

For corporations like MS or Apple, focusing on business, products...is the top priority because that is their core. Maybe bitcoin is not a priority for them and just because they refuse to invest in it now doesn't mean they won't invest in it later. As a tech giant with over $3 trillion in capital, they will always have the opportunity to invest in bitcoin when they are ready.

[Ziskinberg]

ust give them time to realize it, after all, Bitcoin was never guaranteed to be a safe haven investment. Anyone claiming otherwise is likely just hyping it, especially if they're already heavily into Bitcoin.

Institutional investments will keep growing soon, and just because someone isn’t investing now doesn’t mean they won’t in the future.
Look at Jamie Dimon, he criticized Bitcoin before, and now he’s out here praising it.

[Perfectbaby]

They have their own simple reason why they haven't taken such bold steps to invest in bitcoin or any other cryptocurrencies, but with time they could changed their mind to invest in bitcoin. Usually there are many companies today that came back to invest in bitcoin because they had already seen the benefits of investing in bitcoin, though then, these where also haters and critics of bitcoin, and I am also sure most people who doesn't invest or who deceived those that wanting to invest in bitcoin had came publicly to apologies for their misleading people not to invest in bitcoin whereas these same people are the one calling bitcoin all sorts of names.

So, To me I believe the MS board of directors aren't that ready to join in the game of volatility, maybe they wouldn't want to lose people's investment of those who has shares on their company, of course allocating 1-5 percent of their income or assets to invest in bitcoin wouldn't cost them anything but from my view they so much valued that percent and wouldn't want to endangered themselves to any volatility game, maybe with time they would come to realization of themselves for not making the investment earlier than they think. Remember everyone has a decision of their own to do whatever they like with their hand earned money.

[Marvell1]

At this point, I believe they just did not want to be associated with bitcoin or crypto and all the ideologies that comes with it. Because with how big their company is, I am sure that they can afford to take a little bit of risks and not to mention that bitcoin has proven itself to be profitable despite being volatile. So that could only be the explanation.

In other words, they are an example of collective stupidity at its finest.

What is the real purpose of this topic? Are you a Microsoft shareholder and you feel they have made you miss out on a huge opportunity to make a profit? Or are you feeling angry because they decided not to invest in bitcoin, and that couldn't push the price of bitcoin higher so you could make more profit?

The decision to invest is up to each individual/organization and if they refuse to invest in bitcoin, they are the ones who will suffer the loss of missing out on good profits, not us. Why do we feel bad about that?


I'm even glad they haven't invested in bitcoin yet, because that would give us more time to accumulate bitcoin at a better price. They haven't invested in bitcoin yet, which means they are giving us a chance, we should thank them for that.

[Lucius]

~snip~
So why would any sane person want to hold that shit? I swear the MS Board of Directors
and shareholders are dumb as dirt. Meanwhile their worthless bonds are losing value faster
than a melting ice cube.

No, they're not stupid, they're rich to the point that it's hard for an ordinary person to even imagine - but you somehow come across as stupid because you think that Bitcoin is something that everyone should invest in. Apart from that, do you really think that Bitcoin should become something like digital gold, which in the next ten years will mostly be in the possession of those big companies - which, by the way, will keep them in custodial services because they are not capable of such a thing themselves?

If someone hacks such a custodial service, what implications do you think it will have on Bitcoin?

[buwaytress]

That's the difference between a corporation run by a single person (yes, who has to get board approval but probably holds more sway alone) than a very mature one with a widely distributed decision-making process.

Be careful what you guys are wishing for -- corporations and businesspeople using Bitcoin on their balance sheet, part of their plaything alongside stocks, bonds, what-you-haves.

[Churchillvv]

~snip~
So why would any sane person want to hold that shit? I swear the MS Board of Directors
and shareholders are dumb as dirt. Meanwhile their worthless bonds are losing value faster
than a melting ice cube.

No, they're not stupid, they're rich to the point that it's hard for an ordinary person to even imagine - but you somehow come across as stupid because you think that Bitcoin is something that everyone should invest in. Apart from that, do you really think that Bitcoin should become something like digital gold, which in the next ten years will mostly be in the possession of those big companies - which, by the way, will keep them in custodial services because they are not capable of such a thing themselves?

If someone hacks such a custodial service, what implications do you think it will have on Bitcoin?

In as much as we do not want the big players or the so called rich to have all the bitcoins to themselves, I also feel the nightmare is already here however some guys like OP seem to have embraced the situation ignorantly hence wanting every rich company or organisation to be part of bitcoin by allocating some funds into it.

I also agree with you on the issues of custodians, MS investing in bitcoin will only result to a custodian holdings and if anything happens like hacks it definitely going to affect bitcoin directly or indirect but however don't you think bitcoin will still be fine, yeah of course because because scammers are only going to still sell them back, use for business legal or illegal or worst case scenario it ends up in the hands of one or more government.

[headingnorth]

At this point, I believe they just did not want to be associated with bitcoin or crypto and all the ideologies that comes with it. Because with how big their company is, I am sure that they can afford to take a little bit of risks and not to mention that bitcoin has proven itself to be profitable despite being volatile. So that could only be the explanation.

In other words, they are an example of collective stupidity at its finest.

What is the real purpose of this topic? Are you a Microsoft shareholder and you feel they have made you miss out on a huge opportunity to make a profit? Or are you feeling angry because they decided not to invest in bitcoin, and that couldn't push the price of bitcoin higher so you could make more profit?

Since owning bitcoin I stopped investing in the stock market long ago because of the counter-party risk and having
to deal with the humans who run the companies, having to keep up with the news and ever-changing financials and
of fundamentals of each company, etc. in an attempt to figure out if I should keep holding or just dump it.

That is a lot of stress and time spent. To me it's not worth it anymore. Hundreds of great companies have gone bankrupt,
or destroyed their reputation, etc. over the years because of the poor decisions of the people running them,
or because of their incompetence, corruption, etc.

Boeing is a poster child example of this, and even Tesla to a lesser extent with such an erratic CEO running it.  
Are you going to tell me we shouldn't judge Boeing for deciding to abandon safety and quality in the name
of maximizing profits at all costs? That it was just a "business" decision? It's no big deal right?

If that is the case then you don't need bitcoin go invest in Microsoft, Boeing and Tesla LOL.

Hopefully Microsoft won't end up like Boeing, but you never know with any company.
Ten years ago no one could imagine Boeing's fall from grace would be so spectacular.

Public companies are supposed to be transparent with their decisions. Providing no more than a vague
"we have studied it and decided not to do it" is not a reason. That is not being transparent.
But it seems people are still quick to defend the terrible decisions of legacy companies even on a bitcoin forum.

That is what bitcoin was made for. Bitcoin is a trustless alternative to centralized human decision-making
and human-run institutions, which history shows often ends badly. Those you trust the most often end
up breaking your trust. But with bitcoin you don't have to trust anyone.

 

[BitGoba]

Not a very smart move. Larry Fink does not approve.

MS had tens of billions in cash to invest. Would it have killed them to allocate
just a tiny bit, maybe $10 million or so to bitcoin?

I hope they enjoy holding on to their rapidly melting ice cubes of cash.
What did MS do with all that cash? They probably put much of it in bonds, even
after Jamie Dimon of JP Morgan and many others predicted a high likelihood of a
crash in the bond market. No country wants to buy that worthless shit anymore.
China and Japan the two biggest holders of US bonds are dumping them like crazy.

So why would any sane person want to hold that shit? I swear the MS Board of Directors
and shareholders are dumb as dirt. Meanwhile their worthless bonds are losing value faster
than a melting ice cube.

They’re stupid and still don’t understand Bitcoin. The real inflation rate is much higher than the yields they’re getting from bonds. Most people still don’t get that Bitcoin is a lifeboat.

Tether is actually one of the biggest holders of US bonds, which is why they’ve now come up with a strategy to push unstable inflationary coins like USDT and USDC  and allow banks to issue similar ones, so they can secure buyers for those bonds.

[mindrust]

Microsoft isn’t a crypto company. Why would they add it to their balance sheets? It has nothing to do with them being smart or dumb. It is just not their business.

Gold is the most ancient and well known form of money and they don’t keep any gold in their balance sheets as well. Do we call them because they don’t hodl any godl?

Let’s stop being cringey eh?

Let’s focus on what really matters.

We are getting rich, bitcoin is going higher, more people use it. Who cares what microdicks do?

We have macrostrategy on the team. No need to waste time with microbrains.

[headingnorth]

Not a very smart move. Larry Fink does not approve.

MS had tens of billions in cash to invest. Would it have killed them to allocate
just a tiny bit, maybe $10 million or so to bitcoin?

At this point, I believe they just did not want to be associated with bitcoin or crypto and all the ideologies that comes with it. Because with how big their company is, I am sure that they can afford to take a little bit of risks and not to mention that bitcoin has proven itself to be profitable despite being volatile. So that could only be the explanation.

I could understand that if this was 2014 when bitcoin was seen by many as something used mostly by criminals
and for other nefarious purposes.

But in 2024 the sentiment has completely changed for bitcoin. Wall Street and even the US government has embraced
bitcoin as a legitimate investment asset, so it seems crazy to me not to invest in it. One of the biggest holders of Microsoft
stock, Blackrock even recommended an allocation to bitcoin, and they still said no? To the biggest and most respected asset
manager in the world? I don't know what else to call that but stupid.  

[Z-tight]

and they still said no? To the biggest and most respected asset
manager in the world? I don't know what else to call that but stupid.  

Microsoft didn't become the successful company we know them to be today by making stupid decisions, the only reason why you think this is stupid is because you are a bitcoiner and this is BTC forum.

In some other forum that's not crypto related, they may not think the way you are doing right now. What you are saying right now is as similar as saying that any individual who has funds to invest, but has not invested in BTC is stupid, but that is not true, there are a lot of successful men who don't want to go anywhere near BTC, let's leave them alone.

[avp2306]

and they still said no? To the biggest and most respected asset
manager in the world? I don't know what else to call that but stupid.  

Microsoft didn't become the successful company we know them to be today by making stupid decisions, the only reason why you think this is stupid is because you are a bitcoiner and this is BTC forum.

In some other forum that's not crypto related, they may not think the way you are doing right now. What you are saying right now is as similar as saying that any individual who has funds to invest, but has not invested in BTC is stupid, but that is not true, there are a lot of successful men who don't want to go anywhere near BTC, let's leave them alone.

Their reason is somehow valid since we cannot deny the fact that Bitcoin is volatile asset. Maybe for now they don't want to deal with it especially that for them what they know Bitcoin is risky asset because they don't know what to do aside for buying it. If this is what they like to happen then be it, for sure it cannot affect on Bitcoin. People should focus on those company who show interest since this is the best to discuss rather than those companies not interested on Bitcoin.

People here have biases since its undeniable that Bitcoin is great and maybe they are been hurt on why Microsoft denies it that's why they made those assumption. We can also see that those companies invest on Bitcoin already gain lots of profit. But for those who doubt they are sorry because they get nothing from this coin.

[Felicity_Tide]

We can't necessarily dictate to others what they are supposed to do with their money. Labeling them dumb is not necessarily needed. It's just like a Lamborghini user calling those that uses Cybertruck dumb people. Whether they(MS) realize sooner or later, it's all left for them, besides, they have enough capital to join whenever they've finally changed their mind.

From the quoted text you shared in the OP, they believed Bitcoin's volatility poses a huge risk, which is clearly understandable, but companies like Microstrategy definitely has a different story from that. $100K has become a thing of the past in a very short period of time, which proves that Bitcoin can definitely grow without them.

Their decision is their decision... let's respect that.

[Danica22]

Not a very smart move. Larry Fink does not approve.

MS had tens of billions in cash to invest. Would it have killed them to allocate
just a tiny bit, maybe $10 million or so to bitcoin?

I hope they enjoy holding on to their rapidly melting ice cubes of cash.
What did MS do with all that cash? They probably put much of it in bonds, even
after Jamie Dimon of JP Morgan and many others predicted a high likelihood of a
crash in the bond market. No country wants to buy that worthless shit anymore.
China and Japan the two biggest holders of US bonds are dumping them like crazy.

So why would any sane person want to hold that shit? I swear the MS Board of Directors
and shareholders are dumb as dirt. Meanwhile their worthless bonds are losing value faster
than a melting ice cube.

They’re stupid and still don’t understand Bitcoin. The real inflation rate is much higher than the yields they’re getting from bonds. Most people still don’t get that Bitcoin is a lifeboat.

Don't call them stupid just because they refuse to invest in bitcoin. If they were stupid, they wouldn't have been able to build a trillion dollar empire and become the 2nd largest company in the world. Stop calling them stupid when you both use their products and services to invest in bitcoin.

I bet you, no matter how bad inflation gets, MS shareholders will still live a fuller and more luxurious life than most bitcoin investors here. Please stop, stop teaching rich people how to make money and spend money.

[Zaguru12]

Microsoft didn't become the successful company we know them to be today by making stupid decisions, the only reason why you think this is stupid is because you are a bitcoiner and this is BTC forum.

In some other forum that's not crypto related, they may not think the way you are doing right now. What you are saying right now is as similar as saying that any individual who has funds to invest, but has not invested in BTC is stupid, but that is not true, there are a lot of successful men who don't want to go anywhere near BTC, let's leave them alone.

Seriously I found this kind of posts even more against the core concept of bitcoin itself because to be honest bitcoin founder himself tag bitcoin as an alternative and as an alternative you can simply just use this or go to other assets which isn’t a thing here, it is part of the freedom that comes with bitcoin. These are big companies or institutions that have been building over the years so a decision like this might look not quite good to us because we know the worth of the asset but to them it’s not all that but that doesn’t makes them stupid.

Microstrategy the biggest institutions in bitcoin holding today at an earlier stage of bitcoin had its founder Michael Saylor fudding bitcoin and saying it wouldn’t work out but today bitcoin is the best thing to him and he feels everyone should be investing into it, that’s how bitcoin has win lots of us to it and we can’t call the earlier decision stupid. Same thing with gold, it is the biggest asset to have and everyone knows this but does everyone has it? No because everyone have their own opinion

[KiaKia]

Clearly you fell for it, because I knew that the decision is a planned game to slow down the market, they have the desire but intentionally they fud bitcoin, it was a big mind game they played and it worked.

Am I the only one seeing the war issue that was solved as another big game too? If such doesn't happen how will Bitcoin lose value? How will panic effect goes into the market? The lies have to look real.

All I am saying is these big players knows best, like I believe that Trump intentionally told China's president to fud the market too with those tariff percentage, they played game and it looked real.