Microsoft has urged its shareholders to vote against a proposal from the National Center for Public Policy Research that suggests the company consider Bitcoin as a hedge against inflation. The proposal, to be discussed during Microsoft's annual shareholder meeting on December 10, argues Bitcoin is an excellent financial asset for diversification. However, the tech giant's board highlighted that it already evaluates cryptocurrencies, including Bitcoin, as part of its asset management strategy. Microsoft expressed concerns about the volatility of cryptocurrencies and emphasized the importance of stable investments for corporate treasury applications. The board believes this proposed public assessment is unnecessary, as Microsoft's existing processes effectively manage and diversify its corporate treasury for long-term shareholder benefits. The National Center, advocating for more corporate investment in Bitcoin, asserts that companies should allocate at least 1% of total assets to the cryptocurrency.

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