Microsoft's Bitcoin drama sees BlackRock vote, reveals top investor Fred Krueger
Microsoft shareholders are going to make a big decision in December about a proposal to diversify the company's balance sheet by adding . Even though more and more people in the crypto community are interested in this, Microsoft's board initially doubted the idea, which makes you wonder if the company is really ready to get into cryptocurrency.
BlackRock, as a significant shareholder owning approximately 7% of Microsoft , typically votes on its shares at shareholder meetings. As one of the largest asset management firms, BlackRock actively participates in the corporate governance of the companies in which it…BlackRock, which manages over $10 trillion in assets, is no stranger to the cryptocurrency space. The company has already bought over 400,000 BTC for its Bitcoin ETF.
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