The National Center for Public Policy Research, a conservative think tank, has announced its intention to propose a Bitcoin Diversification Assessment at Microsoft’s upcoming annual meeting on Dec. 10. The proposal is aimed at urging the tech giant to explore the potential benefits of diversifying its financial holdings by investing in Bitcoin.
According to a filing, the National Center for Public Policy Research believes that Microsoft could benefit from adding Bitcoin to its investment portfolio, citing the cryptocurrency’s growing acceptance and potential for long-term financial growth. The think tank argues that by diversifying into Bitcoin, Microsoft could protect its assets against inflation and currency devaluation.
Microsoft shareholders will have the opportunity to vote on the proposed Bitcoin Diversification Assessment at the annual meeting, where the think tank will present its case for why the tech company should consider allocating a portion of its funds to the digital asset.
While Microsoft has not publicly commented on the proposal, the National Center for Public Policy Research’s advocacy for Bitcoin diversification reflects a growing trend among institutional investors and corporations to explore the potential benefits of adding cryptocurrency to their investment strategies.