cryptofamily

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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