Microsoft risks shareholder lawsuit if it ignores rising Bitcoin prices
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.
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.
You may also like
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Bitget Spot Margin Announcement on Suspension of MAVIA/USDT, BADGER/USDT, BAN/USDT, PONKE/USDT, FLOCK/USDT Margin Trading Services
