MicroStrategy founder Michael Saylor posted a message on the X platform to call out Microsoft CEO Satya Nadella. He wrote: If you want to make the next trillion dollars for shareholders, please call me.
Earlier, Microsoft listed the issues to be discussed at the next shareholder meeting in a document filed with the U.S. Securities and Exchange Commission on Thursday. One of the proposals suggested that the technology company should study Bitcoin to hedge against inflation and other macroeconomic impacts.
The document shows that Microsoft's board of directors recommended that shareholders vote against the proposal and said that Microsoft had "carefully considered this issue." The statement said: "Past evaluations have included Bitcoin and other cryptocurrencies as options for consideration, and Microsoft will continue to monitor trends and developments related to cryptocurrencies to inform future decisions. As the proposal itself points out, volatility is a consideration in evaluating cryptocurrency investments, which require stable and predictable investments for corporate financial applications to ensure liquidity and operating funds. Microsoft has developed strong and appropriate processes to manage and diversify its corporate finances for the long-term benefit of shareholders, and this requirement for public evaluation is unreasonable."