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

[Majestic-milf]

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.

Well said, although I think I understand why the Op is so annoyed by their supposed stubbornness to boycott Bitcoin but like you said, everyone is entitled to their right to choose and make decisions that affects them and the fact they allow Bitcoin to be used for payment when topping up your MS account means they aren't actively against it.
Most times, we become too invested in crusading for the growth of Bitcoin that we turn hostile to those who don't get orange pilled immediately, but I've come to observe about these things is that those who have in one way or the other kicked against Bitcoin have somehow changed their thoughts and opinions.

[purple_sparkles]

 Well said, although I think I understand why the Op is so annoyed by their supposed stubbornness to boycott Bitcoin but like you said, everyone is entitled to their right to choose and make decisions that affects them and the fact they allow Bitcoin to be used for payment when topping up your MS account means they aren't actively against it.
Most times, we become too invested in crusading for the growth of Bitcoin that we turn hostile to those who don't get orange pilled immediately, but I've come to observe about these things is that those who have in one way or the other kicked against Bitcoin have somehow changed their thoughts and opinions.

Any opinion can change over time. Some time ago there was a vote, and they voted against it. But what’s stopping them from holding another meeting and voting in favor, if global policy trends create conditions where it becomes more profitable to put Bitcoin on their balance sheet.Any entrepreneur is interested in profit, and they are definitely no exception.

[Majestic-milf]

Any opinion can change over time. Some time ago there was a vote, and they voted against it. But what’s stopping them from holding another meeting and voting in favor, if global policy trends create conditions where it becomes more profitable to put Bitcoin on their balance sheet.Any entrepreneur is interested in profit, and they are definitely no exception.

Let time and chance do the deciding for them. Every business aims to make profit but that doesn't mean that they will not consider the risks involved in whatever financial decision they make. The reason they voted against Bitcoin 8 months back was because of its purported volatility index and that hasn't changed yet but it doesn't mean it won't.
 Microsoft is a big company that no matter what time they choose to enter the market as investors, they would still make huge bucks out of it. Granted, it's better to start now than later but the thing is, it's still their choice to make.

[Die_empty]

Any opinion can change over time. Some time ago there was a vote, and they voted against it. But what’s stopping them from holding another meeting and voting in favor, if global policy trends create conditions where it becomes more profitable to put Bitcoin on their balance sheet.Any entrepreneur is interested in profit, and they are definitely no exception.

Microsoft shareholders meet once in a year. Maybe the issue of using Bitcoin as a hedge against inflation might come up in their next meeting. These investors are concerned about the volatility of Bitcoin and want Microsoft funds to be channeled to more stable assets. Regardless of how profitable Bitcoin might be, it's not everyone or every company that will want to invest in it. There are various assets that are viable and we shouldn't think that people are financially dumb because they don't want to buy Bitcoin.

[cryptotact11]

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?

You are underestimating the size of MS. Even if they risked $1 billion and it turned to dust, it would make absolutely no impact at them at all.

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.

This was a very stupid decision and it shows. However, perhaps there are deeper interests and all kinds of kickbacks involved here that we don't see. Help the government with bonds, we help you with something else kinda thing.

[pawanjain]

If Microsoft didn't want to invest in bitcoin, it's their choice. It's not as if bitcoin needs Microsoft to buy the coins to surge in price.
It's doing pretty well without it and I believe it will keep growing stronger.
Few instituional investors have already realized that and bought bitcoin while they are still cheap.
Bitcoin sure has the potential to cross $1 million and in the next few years, it will cross this level too.

Eventually, everybody would see BTC for what it is - as for now, many, especially high up there, may still be sceptical, but it all changes, like a stone being cut by water.

Microsoft was skeptical of investing in bitcoin because of its high volatility and I think it will remain the same in the future since it is decentralized.
Besides that, Microsoft already has a list of stable investments which are doing well and hence they decided not to take this risky bet.
It's nothing wrong in that as they have their choices to make.

[BALIK]

There are various assets that are viable and we shouldn't think that people are financially dumb because they don't want to buy Bitcoin.

No offense, but anyone who thinks that when someone knows about bitcoin but doesn't invest is stupid. In my opinion, those who criticize others are the ones who lack financial knowledge. Because even though bitcoin is considered the best growing asset/investment ever. But it's not the only profitable investment or the only inflation hedge in the world.

Whereas, investing is all about returns and that means as long as they get good returns and become rich, they are smart investors no matter what asset they invest in. In investing, results are the best proof.

[DanWalker]

 Well said, although I think I understand why the Op is so annoyed by their supposed stubbornness to boycott Bitcoin but like you said, everyone is entitled to their right to choose and make decisions that affects them and the fact they allow Bitcoin to be used for payment when topping up your MS account means they aren't actively against it.
Most times, we become too invested in crusading for the growth of Bitcoin that we turn hostile to those who don't get orange pilled immediately, but I've come to observe about these things is that those who have in one way or the other kicked against Bitcoin have somehow changed their thoughts and opinions.

In fact, MS or Amazon or big corporations are not as stubborn and boycott bitcoin completely as we think.
They have opposed, criticized and completely ignored Bitcoin in the past but now they have held a poll. Although it has not received much support from shareholders and the voting results are not what we expected, but this shows that they are gradually changing their stance on Bitcoin, from opposition to interest.
Think about it, if they were against it or still hostile to it, they wouldn't have held such a vote. So it was only a matter of time before they joined us.

[Z-tight]

Regardless of how profitable Bitcoin might be, it's not everyone or every company that will want to invest in it. There are various assets that are viable and we shouldn't think that people are financially dumb because they don't want to buy Bitcoin.

That is exactly the point, many of us are BTC investors because we choose to be exposed to its risks and benefits. Because an aseet is a good one doesn't mean all investors would consider it, that's why there are certain investors who choose the real estate market, but they don't want to be exposed to the stock market, it doesn't mean buying shares is bad, neither does it mean they are stupid. There are also other investors who prefer exposure in so many markets. So different individuals and companies, with different strategies.

[tread93]

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.

Agreed, it was such a dumb move for the board to not approve. Those would be some pretty damn happy shareholders now, eh? It would have also been huge for Bitcoin if they had done it at the time, but nevertheless Bitcoin didn't need some soft ass micro bill gates shit!!! Hahahhahahaha Bitcoin is the mutual ducking king!