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CryptoIntelligence 2024-11-05 05:21:19

Microsoft Warned It Could Face Lawsuit If It Doesn’t Buy Bitcoin

Microsoft may face potential shareholder lawsuits if it decides against investing in Bitcoin and the cryptocurrency’s value subsequently rises, according to a policy research center supporting a proposal for the tech giant to consider Bitcoin. In December, Microsoft shareholders are set to vote on whether the company should evaluate investing in Bitcoin, a proposal put forth by the National Center for Public Policy Research (NCPPR). Ethan Peck, deputy director of the NCPPR’s Free Enterprise Project, suggested that the proposal could legally pressure Microsoft. “So should Microsoft publicly and explicitly determine in this assessment (undoubtedly based on shaky and biased morale)

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