Microsoft, valued at more than $3 trillion, is eyeing the possibility of investing in bitcoin, the world’s largest cryptocurrency, according to a new filing from the U.S. Securities and Exchange Commission (SEC). The company will vote on an “assessment in investing in bitcoin” during its December annual meeting. The proposal was floated by the conservative, Project 2025-linked National Center for Public Policy Research. The center labeled bitcoin as an “excellent, if not the best, hedge against inflation” in its rationale for bringing the proposal to the company.
However, Microsoft’s Board of Directors is opposed to December’s potential vote, declaring it “unnecessary” as the firm’s management has “already carefully consider[ed]” the controversial move. “Past evaluations have included bitcoin and other cryptocurrencies among the options considered, and Microsoft continues to monitor trends and developments related to cryptocurrencies to inform future decision making,” the company said about opposing the proposal.
