Microsoft, with a market capitalization exceeding $3 trillion, is considering a potential investment in Bitcoin, as indicated by a recent filing with the U.S. Securities and Exchange Commission (SEC).

At its December annual meeting, Microsoft will put to vote a proposal to evaluate Bitcoin investments. 

This initiative comes from the conservative National Center for Public Policy Research. The center has called Bitcoin "an excellent, if not the best, hedge against inflation" in explaining its push for the tech giant to consider the digital asset.

Despite the upcoming vote, Microsoft’s Board of Directors has opposed the proposal, deeming it "unnecessary," given that management has “already carefully considered” such investments. 

"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 company stated in response to the proposal.

Microsoft also highlighted concerns about Bitcoin and cryptocurrency volatility for corporate investments, which typically prioritize stable, predictable assets to maintain liquidity and fund operations. 

“Microsoft has strong and appropriate processes in place to manage and diversify its corporate treasury for the long-term benefit of shareholders and this requested public assessment is unwarranted,” the company elaborated.

Michael Saylor, CEO of MicroStrategy, the largest corporate Bitcoin holder, offered a suggestion to Microsoft CEO Satya Nadella, stating: “If you want to make the next trillion dollars for [Microsoft] shareholders, call me.”

Key shareholders, including Vanguard, BlackRock, and State Street, will be eligible to vote on the proposal this December.

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