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cryptoseven
@cryptoseven
Microsoft and VTS: a fund-managed play Yesterday the news broke that technology giant Microsoft refused to invest in VTS. Shareholders decided that digital gold had no place in the company's assets, motivated by a cautious approach to financial management The initiative with VTS came from an analyst group that believed such a move could be a hedge against inflation. With Microsoft holding $78.4bn in cash and liquid assets, the idea looked tempting, especially in light of recent events. But the board of directors advised shareholders in advance to vote against it, and they supported the decision So, if anyone was waiting for Microsoft to enter crypto - it's too early to rejoice. At first glance, it seems that the biggest companies are not ready to believe in BTC. But if you dig deeper, it all looks more like one big play
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cryptoseven
@cryptoseven
Microsoft's largest shareholders are foundations. Which ones do you think are the biggest? BlackRock and Vanguard Group - they manage significant stakes in the company through their investment portfolios and control over 70% of the stock BlackRock and other funds have been actively vacuuming BTC from the market for almost a year now. The fact that their "pocket" company has not decided to publicly invest in BTC says nothing. News for the sake of news, nothing more Let me remind you that shortly before the vote, Michael Saylor published a presentation that he intended to encourage Microsoft to buy BTC - in it he detailed exactly how this decision could improve the company's performance
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