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COINTURK NEWS > Cryptocurrency News > Microsoft Shareholders Vote Against Bitcoin Addition
Cryptocurrency News

Microsoft Shareholders Vote Against Bitcoin Addition

In Brief

  • Microsoft shareholders voted against adding Bitcoin to reserves.

  • Coinbase will list Gigachad altcoin on December 11.

  • Goldman Sachs' CEO indicates potential crypto investments with regulatory approval.

İlayda Peker
İlayda Peker 5 months ago
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Cryptocurrency markets are abuzz with significant developments impacting investors. A key item on today’s agenda was the voting on a proposed measure for Microsoft shareholders to consider adding Bitcoin $103,266 to the company’s reserves. Additionally, Coinbase announced a new listing that has garnered attention.

Contents
Will Microsoft Acquire Bitcoin?Coinbase Listing Announcement

Will Microsoft Acquire Bitcoin?

According to preliminary voting data, Microsoft’s board of directors and shareholders opposed the measure, making it unlikely to proceed. In a statement prior to the vote, Microsoft acknowledged that assets like Bitcoin are evaluated for reserve diversification, but cited high volatility and risk as reasons for postponing this decision.

Consequently, Microsoft management indicated that a vote on a previously assessed option was unnecessary. Currently, shareholders are moving in the anticipated direction.

In an interesting contrast, Goldman Sachs’ CEO commented that, barring regulatory issues, the firm could consider crypto investments. This statement diverges from Microsoft’s stance on digital assets.

“Goldman Sachs’ CEO mentioned that they might evaluate entering Bitcoin and Ethereum $2,476 markets if regulators allow it.”

Coinbase Listing Announcement

Coinbase recently announced it will list a trending altcoin on the Solana $166 network. The listing for Gigachad (GIGA) is scheduled for December 11, reflecting central exchanges’ aggressive listing strategies. Increased investor sentiment and rising volumes have accelerated listings for altcoins.

Following the announcement, the altcoin’s price surged by approximately 40%.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 10 December, 2024 - 8:14 pm 10 December, 2024 - 8:14 pm
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