微軟敦促股東拒絕評估比特幣（BTC）作為投資選擇的提議

在美國證券交易委員會 10 月 24 日提交的文件中，「比特幣投資評估」項目被列為微軟股東將在 12 月 10 日年會上投票贊成或反對的提案之一。

At the upcoming annual meeting on Dec. 10, Microsoft shareholders will be voting on a proposal to conduct an assessment of Bitcoin (BTC) as an investment asset, among other proposals. However, the Microsoft board is recommending that shareholders vote against the proposal.

在即將於 12 月 10 日舉行的年度會議上，微軟股東將對一項將比特幣 (BTC) 作為投資資產進行評估的提案等進行投票。然而，微軟董事會建議股東投票反對該提案。

In a filing with the U.S. Securities and Exchange Commission on Oct. 24, the item “Assessment of Investing in Bitcoin” is listed as one of the proposals that shareholders will be voting for or against.

在10月24日向美國證券交易委員會提交的文件中，「投資比特幣的評估」項目被列為股東將投票贊成或反對的提案之一。

The proposal was put forth by the National Center for Public Policy Research (NCPPR), an independent think tank. In its supporting statement, the NCPPR highlights MicroStrategy’s Bitcoin investment strategy and how the technology firm’s stock has outperformed Microsoft by over 300% this year “despite doing a fraction of the business” that Microsoft has done.

該提案是由獨立智庫國家公共政策研究中心（NCPPR）提出的。 NCPPR 在其支援聲明中強調了 MicroStrategy 的比特幣投資策略，以及該科技公司的股票今年如何跑贏微軟 300% 以上，「儘管只完成了微軟所做的一小部分業務」。

The think tank also points out that more and more companies are adopting Bitcoin as instruments of investment. Meanwhile, Microsoft’s second largest shareholder, BlackRock, started offering Bitcoin exchange-traded funds earlier this year.

該智庫也指出，越來越多的公司正在採用比特幣作為投資工具。同時，微軟第二大股東貝萊德今年稍早開始提供比特幣交易所交易基金。

“Bitcoin is an excellent, if not the best, hedge against inflation and corporate bond yields are less than the true inflation rate, companies should also not risk shareholder value by ignoring Bitcoin altogether,” the NCPPR stated.

NCPPR 表示：“比特幣即使不是最好的，也是一種極好的通膨對沖工具，而且公司債收益率低於真實通膨率，公司也不應該因為完全忽視比特幣而拿股東價值冒險。”

The proposal calls for Microsoft to conduct an assessment of the benefits and drawbacks of investing a small portion, even as little as 1%, of its assets in BTC. The assessment would then be presented to the board of directors within 90 days.

該提案要求微軟評估將其資產的一小部分（甚至只有 1%）投資於 BTC 的利弊。評估結果將在 90 天內提交給董事會。

According to Microsoft’s latest 10-Q filing, the company had $104.7 billion in cash, cash equivalents, and short-term investments as of June 30. If Microsoft were to allocate 1% of its liquid assets to BTC, the company would end up purchasing around $1.04 billion worth of the cryptocurrency at current prices.

根據微軟最新的 10-Q 報告，截至 6 月 30 日，該公司擁有 1,047 億美元的現金、現金等價物和短期投資。價格計算，該加密貨幣的價值約為10.4 億美元。

However, the Microsoft board countered the proposal by saying that an assessment of Bitcoin would be unnecessary due to the fact that the company has “already carefully considers this topic.”

然而，微軟董事會反駁了這項提議，並表示沒有必要對比特幣進行評估，因為該公司「已經仔細考慮了這個主題」。

“Past evaluations have included Bitcoin and other cryptocurrencies among the options considered, and Microsoft continues to monitor trends and developments related to cryptocurrencies to inform future decision making,” the board wrote in response to the proposal.

「過去的評估已將比特幣和其他加密貨幣納入考慮範圍，微軟將繼續監控與加密貨幣相關的趨勢和發展，為未來的決策提供信息，」董事會在回應提案時寫道。

The software giant did offer Bitcoin as a payment option for its online Xbox store between 2014 and 2018. In Sept. 2023, a leaked document obtained by Axios seemingly revealed that Microsoft plans to add crypto wallets to its next Xbox console in 2028.

這家軟體巨頭確實在2014 年至2018 年間提供了比特幣作為其線上Xbox 商店的支付選項。新增加密錢包。