В statement , filed with the U.S. Securities and Exchange Commission (SEC) by Microsoft Corporation, announces that it is considering investing in Bitcoin .
An interesting detail is that the document recommends that the Board of Directors vote against the proposal to invest in the first cryptocurrency.
The proposal to evaluate the possibility of adding Bitcoin to the company's corporate investment portfolio came from the National Center for Public Policy Research.
Its representatives believe that investments in Bitcoin will be beneficial for the corporation in the long term, as they will help increase the value of shares and reduce the risks of depreciation due to inflation.
As a successful example of investing in digital gold, they cited the investment strategy of MicroStrategy, whose shares have outperformed Microsoft by more than 300% this year, despite being a smaller business, according to the center.
Over the past four years, MicroStrategy's market cap has grown from $1,5 billion to more than $40 billion. Analysts attribute this growth to the company's approach to integrating Bitcoin into its portfolio.
However, among Microsoft's major shareholders there are those who are against Bitcoin and working with it, so the chances that the corporation will start investing in the first cryptocurrency are still small.
Microsoft has had previous experience with cryptocurrency: the company accepted Bitcoin as payment in the Xbox online store from 2014 to 2018.
