【Microsoft urges shareholders to vote against proposal to evaluate Bitcoin as a diversified investment】 October 25, according to Coindesk, Microsoft listed the issues to be discussed at the next shareholders' meeting in a Form A filing submitted to the U.S. Securities and Exchange Commission on Thursday. One of the proposals suggested that the technology company should study Bitcoin to hedge against inflation and other macroeconomic impacts. The document shows that the board of directors recommended that shareholders vote against the proposal, saying that Microsoft has "carefully considered this issue." The statement said: "Past evaluations have included Bitcoin and other cryptocurrencies in the options for consideration, and Microsoft will continue to monitor trends and developments related to cryptocurrencies to provide information for future decisions. As the proposal itself points out, volatility is a consideration in evaluating cryptocurrency investments, which require stable and predictable investments for corporate financial applications to ensure liquidity and operating funds. Microsoft has developed strong and appropriate processes to manage and diversify its corporate finances for the long-term benefit of shareholders, and this requirement for public evaluation is unreasonable." Microsoft's largest shareholders include Vanguard, BlackRock and State Street.