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Microsoft Pressured to Invest in Bitcoin or Face Lawsuits

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Microsoft Pressured to Invest in Bitcoin or Face Lawsuits

The National Center for Public Policy Research (NCPPR) is behind a proposal urging Microsoft to explore the option of investing in Bitcoin. In an upcoming shareholder meeting this December, investors will vote on whether Microsoft should add Bitcoin to its investment portfolio.

Ethan Peck, deputy director of the NCPPR's Free Enterprise Project, said that if Microsoft openly concludes that investing in Bitcoin isn't beneficial for shareholders and Bitcoin's value rises, they might have legal grounds to sue the company.

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