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Paul Kid
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Microsoft Rejects Proposal to Buy Bitcoin Reserve At its recent annual shareholder meeting, Microsoft shareholders voted down a proposal to add Bitcoin to the company’s balance sheet. Michael Saylor Suggests: Microsoft Stock Could Add $5 Trillion to Its Value If It Invested in Bitcoin. Microsoft previously experimented with accepting Bitcoin as a payment method in 2014 but stopped in 2016 due to low usage and regulatory concerns. This view is consistent with Microsoft co-founder Bill Gates, who has long been critical of cryptocurrencies.
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