Microsoft could face shareholder lawsuits if it ignores bitcoin's price rise
2024-11-05 00:17:40
Ethan Peck, deputy director of NCPPR's free enterprise program, said Microsoft had a "fiduciary duty" to do what was in the financial interests of its shareholders, and that boycotting bitcoin could go against those interests. If Microsoft ultimately decides not to invest in bitcoin and the price of bitcoin rises, Microsoft could risk being sued by shareholders.
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