Preliminary voting results show that Microsoft shareholders voted against the Bitcoin investment proposal

ChainCatcher news, according to Coindesk, preliminary voting results show that Microsoft shareholders voted against the Bitcoin investment proposal.

The proposal titled "Assessment of Investing in Bitcoin" was put forward by the National Center for Public Policy Research, suggesting that Microsoft consider diversifying 1% of its total assets into Bitcoin as a potential hedge against inflation.

According to Bloomberg data, Microsoft holds $78.4 billion in cash and securities on its balance sheet.