Microsoft faces a proposal for a Bitcoin Diversification Assessment aimed at exploring the cryptocurrency as a hedge against inflation, despite the board's recommendation to reject it.
The board of Microsoft highlighted that it already monitors cryptocurrency trends, considering Bitcoin and others in prior evaluations, and feels the proposed assessment is unwarranted.
The National Center for Public Policy Research contends that Bitcoin serves as an effective hedge against inflation, proposing companies invest a minimum of 1% of total assets.
Microsoft's board emphasized that corporate treasury strategies prioritize stable investments for adequate liquidity and operational funding, indicating current processes are sufficient.
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