00:00It's Benzinga bringing Wall Street to Main Street.
00:02MicroStrategy co-founder Michael Saylor proposed at Microsoft's annual shareholder meeting
00:07that the company diversify its balance sheet with Bitcoin.
00:10He claimed this move could add hundreds of dollars to Microsoft's stock price.
00:14Proposal was rejected following the board's recommendation.
00:16Saylor's Bitcoin strategy has propelled MicroStrategy's stock price nearly 500% this year.
00:22Company holds nearly 280,000 Bitcoins, valued at over $26 billion.
00:26For all things money, visit Benzinga.com slash GSTV.
