Helene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
The National Center for Public Policy Research, a conservative think tank, has notified shareholders of Microsoft that it intends to propose a Bitcoin Diversification Assessment at the company’s annual meeting on Dec. 10, a
In a Schedule A filing with the U.S. Securities and Exchange Commission on Thursday, Microsoft laid out issues that will be discussed at the company’s next shareholder meeting. One of the proposals suggests that the tech firm should look into bitcoin to hedge against inflation and other macroeconomic influences.The board recommends shareholders to vote against this proposal, the filing reveals, arguing that Microsoft already “carefully considers this topic.
“Past evaluations have included Bitcoin and other cryptocurrencies among the options considered, and Microsoft continues to monitor trends and developments related to cryptocurrencies to inform future decision making,” according to a company statement in opposition of the proposal. “As the proposal itself notes, volatility is a factor to consider in evaluating cryptocurrency investments for corporate treasury applications that require stable and predictable investments to ensure liquidity and operational funding. Microsoft has strong and appropriate processes in place to manage and diversify its corporate treasury for the long-term benefit of shareholders and this requested public assessment is unwarranted,” it said.
The National Center for Public Research, a member of Project 2025 argued that bitcoin is an “excellent, if not the best, hedge against inflation,” and that at minimum, companies should invest 1% of its total assets into the cryptocurrency.. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'New York Nico' highlights hidden gems of New York with new guidebookIn a new guidebook, Nicolas Heller, known as 'New York Nico,' captures what locals have always known: it's not just the skyline that makes New York special, it's the stories behind every storefront and the characters on every corner.
Read more »
Former New York Gov. David Paterson attacked in New York CityPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
Read more »
New York Yankees, New York Mets Do Something Not Done in Last 24 Years of HistoryIt was a good day to be a fan of a New York baseball team on Saturday.
Read more »
New York Liberty to hold ticker tape parade to celebrate WNBA champs New York LibertyThe team's win on Sunday night marked the first-ever WNBA championship for the Liberty in 28 seasons.
Read more »
Judd Apatow & Friends’ New York Comedy Festival Show to Benefit Hurricane Helene ReliefJudd Apatow & Friends' New York Comedy Festival show on Nov. 9 will benefit the American Red Cross in North Carolina in the wake of Hurricane Helene.
Read more »
New season, new faces, heightened expectations for the New York KnicksLast season, the Knicks made a valiant journey to the Eastern Conference semifinals, losing 4-3 to the Indiana Pacers.
Read more »