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Microsoft risks shareholder lawsuit if it ignores rising Bitcoin prices

Microsoft risks shareholder lawsuit if it ignores rising Bitcoin prices

CointimeCointime2024/11/05 00:23
By:Cointime

Ethan Peck, Deputy Director of the NCPPR Free Enterprise Project, stated that Microsoft has a "fiduciary responsibility" to do what is in the best interest of its shareholders, and resisting Bitcoin may go against these interests. If Microsoft ultimately decides not to invest in Bitcoin and the price of Bitcoin rises, Microsoft may face the risk of being sued by shareholders.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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