What you need to know
Microsoft shareholders will vote in December on whether the firm should invest into Bitcoin as a treasury reserve asset, an SEC filing showed this week. The tech giant’s board has advised shareholders to vote against the proposal, but word of the impending vote has certainly gotten people talking.

One of them is Michael Saylor, the co-founder and executive chairman of software firm MicroStrategy, which pioneered the Bitcoin treasury reserve scheme in 2020 and has since amassed more than $16 billion worth of BTC. MicroStrategy’s stock price has surged along the way, just hitting a 25-year-high this week.