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Software giant Microsoft will not buy Bitcoin for now, after shareholders voted against a proposal during the company’s annual meeting on Tuesday.
Microsoft (NASDAQ: MSFT) shareholders voted on the proposal at the annual meeting. Microsoft’s board of directors had informed shareholders in October that it recommended voting against this initiative. A filing with the U.S. Securities and Exchange Commission (SEC) noted that “Microsoft management is already carefully considering this issue.”
Editor’s note: This is a developing story and will be updated.
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