As a seasoned analyst with over two decades of experience in the financial markets, I find this proposal intriguing, albeit somewhat unconventional. While I appreciate the innovative spirit and foresight of the NCPPR, I am skeptical about the practicality of such a move for a tech behemoth like Microsoft.
As per a recent SEC document, Microsoft shareholders are expected to discuss and potentially decide on a proposition that evaluates the possibility of incorporating Bitcoin into the company’s financial structure at their scheduled meeting on December 10th.
However, the company’s board has officially recommended voting against this initiative.
The submission from the National Center for Public Policy Research (NCPPR) suggests that companies ought to prioritize a responsibility, known as a “fiduciary duty,” which requires them to enhance shareholder value by taking measures to safeguard their profits from depreciation.
The right-leaning research organization raised concerns about rising U.S. inflation, contending that for a company to just cover its costs, the increase in its assets must match the Consumer Price Index (CPI) rate of increase.
Instead, the think tank indicates that Microsoft has struggled to surpass inflation with approximately $484 billion in assets, primarily due to its focus on investing in U.S. government securities and corporate bonds.
According to the NCPPR, Microsoft could learn from MicroStrategy’s approach in the business intelligence sector by incorporating Bitcoin into their financial holdings. They point out that Bitcoin has seen a remarkable growth of over 400% during the last five years, surpassing the performance of bonds substantially.
The think tank is convinced that Bitcoin is possibly the best inflation hedge. “At a minimum, companies should evaluate the benefits of holding some, even just 1%, of its assets in Bitcoin.
As a crypto investor, I find it highly improbable that the current proposal will be approved. However, I share the optimism of fellow Bitcoin enthusiasts who view this development as a step forward, even if it’s just a small one.
As per ex-hedge fund manager James Lavish’s perspective, this decision underscores the fact that Bitcoin should no longer be disregarded by publicly traded corporations.
Read More
- Tips For Running A Gothic Horror Campaign In D&D
- FIS PREDICTION. FIS cryptocurrency
- Luma Island: All Mountain Offering Crystal Locations
- EUR CAD PREDICTION
- LUNC PREDICTION. LUNC cryptocurrency
- 13 EA Games Are Confirmed to Be Shutting Down in 2025 So Far
- DCU: Who is Jason Momoa’s Lobo?
- How to Claim Entitlements In Freedom Wars Remastered
- Some Atlus Fans Want Snowboard Kids to Make a Comeback
- OSRS: Best Tasks to Block
2024-10-25 09:19