National Center for Public Policy Research — 1% to BTC

Via @natbrunell and coin stories —

“Just look at Microsoft. Earlier this year, a single shareholder, the National Center for Public Policy Research, submitted a proposal for the company to allocate at a minimum 1% of its assets into Bitcoin. And because the NCPPR holds enough of the stock, the proposal is eligible to go to shareholder vote, and they get three minutes to present the proposal to the board.

Now, Microsoft’s board has already recommended that shareholders reject the proposal, but they’re still going to have to sit through a 3-minute Bitcoin pitch. And who better to give it than Michael Saylor? You heard that right.

The shareholders have elected Michael Saylor to present to the board on why Microsoft should adopt Bitcoin. Incredible. The big story here is how a single small shareholder managed to get the board of one of the largest public companies to consider a Bitcoin strategy simply by submitting a proposal.

And now the Microsoft board will get the Bitcoin pitch from the GigaChat himself, and it’s all because of the shareholder. After this, I get the sense that we might see many more proposals like this as Bitcoiners submit them to boardrooms all over the country.”

From Coin Stories: News Block: Corporate Bitcoin Race Heats Up, ETF Options Live, Saylor’s Big Pitch, and Paul Tudor Jones’ Bold Bet, Nov 21, 2024
https://podcasts.apple.com/us/podcast/coin-stories/id1569130932?i=1000677819332&r=406
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