Microsoft Considers Bitcoin as an Inflation Hedge: Shareholder Proposal to Vote on Adding Bitcoin to Balance Sheet

On December 11th at 0:30, Microsoft is set to advance a pivotal shareholder proposal concerning Bitcoin, aiming to assess whether its inclusion on the corporate balance sheet is in line with long-term shareholder value. This proposal, initially presented by the National Center for Public Policy Research (NCPPR), underscores the necessity for companies to not only achieve robust operational performance but also to safeguard profits amidst rising inflation rates. Over the past four years, the Consumer Price Index (CPI) indicates an average inflation rate of 5%, a figure that NCPPR suggests may underestimate the actual economic pressures. Microsoft, primarily invested in US treasuries and corporate bonds, faces challenges in preserving its asset value during these inflationary times. The NCPPR argues that despite Bitcoin’s inherent volatility, it stands as a strong candidate for inflation hedging, recommending that Microsoft allocate at least 1% of its assets to this leading cryptocurrency.