Microsoft shareholders turned down a proposal calling on the company to consider diversifying its investments by including Bitcoin in the mix, but the company was actually more open-minded than it might seem.

Microsoft shareholders vote on a Bitcoin investment proposal, with a slim 11% approval chance. Major stakeholders influence the decision.

MicroStrategy CEO Michael Saylor had pitched Microsoft's board on investing in bitcoin. Investors voted against the proposal on Thursday.

Microsoft shareholders rejected a proposal that would've tasked the company's board of directors with considering investments in bitcoin as a means of diversifying its portfolio.

While Bitcoin has achieved a historic milestone of $100,000 and garnered support from prominent leaders like President-elect Donald Trump and Russian President Vladimir Putin, Microsoft (MSFT) has yet to decide whether to invest in the cryptocurrency.

MicroStrategy CEO Michael Saylor argued that Microsoft could add as much as $4.9 trillion to its market value by buying bitcoin.

Microsoft shareholders voted no on a resolution to add Bitcoin to the company’s asset holdings. The resolution was drafted by the National Center for Public Policy Research, a think tank that’s also pushing for Amazon to add Bitcoin to its balance.

Microsoft shareholders reject Bitcoin proposal, opting for stable investments over potential high-risk gains and market volatility.

Shareholders of Amazon (AMZN) have submitted a proposal to add Bitcoin to the balance sheet. The shareholders of the e-commerce giant are urging the company to learn from MicroStrategy (MSTR), which heavily invested in Bitcoin,

Amazon shareholders are urging the company to diversify its reserves to include Bitcoin in order to maximize shareholder value.