微软敦促股东拒绝评估比特币（BTC）作为投资选择的提议

在美国证券交易委员会 10 月 24 日提交的文件中，“比特币投资评估”项目被列为微软股东将在 12 月 10 日年会上投票赞成或反对的提案之一。

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.

在即将于 12 月 10 日举行的年度会议上，微软股东将对一项将比特币 (BTC) 作为投资资产进行评估的提案等进行投票。然而，微软董事会建议股东投票反对该提议。

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日向美国证券交易委员会提交的文件中，“投资比特币的评估”项目被列为股东将投票赞成或反对的提案之一。

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.

该提案是由独立智库国家公共政策研究中心（NCPPR）提出的。 NCPPR 在其支持声明中强调了 MicroStrategy 的比特币投资策略，以及该科技公司的股票今年如何跑赢微软 300% 以上，“尽管只完成了微软所做的一小部分业务”。

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.

该智库还指出，越来越多的公司正在采用比特币作为投资工具。与此同时，微软第二大股东贝莱德今年早些时候开始提供比特币交易所交易基金。

“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：“比特币即使不是最好的，也是一种极好的通胀对冲工具，而且公司债券收益率低于真实通胀率，公司也不应该因为完全忽视比特币而拿股东价值冒险。”

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.

该提案要求微软评估将其资产的一小部分（甚至只有 1%）投资于 BTC 的利弊。评估结果将在 90 天内提交给董事会。

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.

根据微软最新的 10-Q 报告，截至 6 月 30 日，该公司拥有 1047 亿美元的现金、现金等价物和短期投资。如果微软将其流动资产的 1% 分配给 BTC，该公司最终将购买按当前价格计算，该加密货币的价值约为 10.4 亿美元。

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，微软董事会反驳了这一提议，称没有必要对比特币进行评估，因为该公司“已经仔细考虑了这个话题”。

“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.

“过去的评估已将比特币和其他加密货币纳入考虑范围，微软将继续监控与加密货币相关的趋势和发展，为未来的决策提供信息，”董事会在回应该提案时写道。

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.

这家软件巨头确实在 2014 年至 2018 年间提供了比特币作为其在线 Xbox 商店的支付选项。2023 年 9 月，Axios 获得的一份泄露文件似乎显示，微软计划在 2028 年为其下一代 Xbox 主机添加加密钱包。