Summary
- Microsoft CFO announced plans to continue evaluating cryptocurrency reserves.
- The Microsoft board deemed Bitcoin investments unnecessary but stated they will continue to monitor cryptocurrency trends.
- This announcement can be interpreted as Microsoft indicating potential interest in other cryptocurrencies.
Jacob King, an analyst from the cryptocurrency newsletter WhaleWire, reported on the 12th (local time) via X (formerly Twitter) that "Microsoft (MS) Chief Financial Officer (CFO) Amy Hood stated, 'The board has already evaluated the reserves of cryptocurrencies. We will continue to conduct related evaluations in the future.'" He added, "This statement can be interpreted as indicating a potential interest in other cryptocurrencies despite MS shareholders opposing Bitcoin (BTC) investments."
Previously, the MS board had stated, "We have already considered various investment options, so we deemed BTC investments unnecessary," and added, "However, we will continue to monitor trends and growth related to cryptocurrencies."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
