.15 billion. As of December 9, the company holds a total of 423,650 BTC at an average cost of $60,324 per Bitcoin.
**Microsoft Shareholders Reject Proposal to Add Bitcoin to Corporate Reserves**
Microsoft shareholders voted on Tuesday at the annual meeting to reject a proposal to add Bitcoin to the company’s balance sheet, primarily due to concerns over Bitcoin’s volatility.
**MicroStrategy Expected to Join Nasdaq 100 Index on December 23**
According to Bloomberg ETF analyst Eric Balchunas, MicroStrategy is expected to join the Nasdaq 100 Index on December 23, with the official announcement scheduled for Friday, December 13. Exchange-traded funds tracking the Nasdaq 100 are expected to buy about $2.1 billion worth of MicroStrategy shares.
**Goldman Sachs to Consider Bitcoin and Ether Trading if Regulatory Environment Changes**
Goldman Sachs CEO David Solomon said on Tuesday at the Reuters Next conference that the firm would “evaluate” entering Bitcoin and Ether trading if the regulatory environment in the U.S. changes.
The above content does not constitute any financial investment advice. All data is sourced from GT Radar’s official announcements, and individual users may experience slight differences due to varying entry and exit prices. Past performance is not indicative of future results!