Original archived Re: 8 months ago Microsoft voted against putting bitcoin on their balance sheet.
Scraped on 13/07/2025, 10:08:08 UTC
At this point, I believe they just did not want to be associated with bitcoin or crypto and all the ideologies that comes with it. Because with how big their company is, I am sure that they can afford to take a little bit of risks and not to mention that bitcoin has proven itself to be profitable despite being volatile. So that could only be the explanation.
In other words, they are an example of collective stupidity at its finest.
What is the real purpose of this topic? Are you a Microsoft shareholder and you feel they have made you miss out on a huge opportunity to make a profit? Or are you feeling angry because they decided not to invest in bitcoin, and that couldn't push the price of bitcoin higher so you could make more profit?
The decision to invest is up to each individual/organization and if they refuse to invest in bitcoin, they are the ones who will suffer the loss of missing out on good profits, not us. Why do we feel bad about that?
I'm even glad they haven't invested in bitcoin yet, because that would give us more time to accumulate bitcoin at a better price, and having too much bitcoin held by institutions is also not good for the decentralization of bitcoin.