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    Microsoft Risks Shareholder Lawsuit Over Potential Bitcoin Investment Decision

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    Microsoft could face a lawsuit from shareholders if they decide against investing in Bitcoin and its value increases significantly, warns the National Center for Public Policy Research (NCPPR). Shareholders are set to vote on a potential Bitcoin investment evaluation in December. Despite Microsoft’s board suggesting a vote against the proposal, Deputy Director of NCPPR’s Free Enterprise Project, Ethan Peck believes it has started an important dialogue, paving the way for a stronger push for Bitcoin investment in 2025. The NCPPR’s proposal noted the successful Bitcoin investment strategy of MicroStrategy.

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    If Microsoft decides against investing in Bitcoin and the price skyrockets, they could face a lawsuit from their shareholders. This warning comes from the policy research center backing the investment proposal.

    Microsoft shareholders are set to vote in December on whether an evaluation should be done of a potential Bitcoin investment. The idea is being championed by the National Center for Public Policy Research (NCPPR).

    Ethan Peck, Deputy Director of the NCPPR’s Free Enterprise Project, thinks this could land Microsoft in hot water if they decide Bitcoin isn’t in their best interest. If this happens, and Bitcoin’s value goes up (which it probably will), shareholders may have grounds to sue the tech giant.

    Microsoft’s board isn’t too thrilled about the proposal, suggesting shareholders vote against it. They argue they already consider numerous investment options, including Bitcoin.

    But Peck reckons that even if it fails, it’s kick-started an important conversation between Microsoft and its shareholders, paving the way for a stronger push for Bitcoin investment in 2025.

    In their initial proposal to Microsoft, NCPPR used business intelligence company MicroStrategy’s successful Bitcoin investment strategy as an example. Despite doing much less business than Microsoft, MicroStrategy has outperformed them by over 300% this year thanks to Bitcoin.

    NCPPR also pointed out that large companies and institutions are increasingly adopting Bitcoin, with spot Bitcoin exchange-traded funds becoming more common.

    Bitcoin is currently valued at $67,035 – a drop from its near-high of $73,562 just six days ago.

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