News list for " rejections"

Microsoft: Will continue to monitor cryptocurrency-related trends and developments to guide future decisions

Microsoft's board of directors disclosed the reasons for its refusal to invest in bitcoin in regulatory filings, arguing that the proposal was unnecessary as the company was already considering multiple investment options. Microsoft noted: "As mentioned in the proposal itself, the volatility of bitcoin is a factor to consider when evaluating its investment as a financial application for enterprises, as enterprises need stable and predictable investments to ensure liquidity and operations...

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2024-12-11 22:38:11