Yesterday, Bitcoin analyst MacroScope uncovered an SEC filing which suggests that tech giant Microsoft will be voting in December on whether or not the company should invest in Bitcoin. Initially, this news seemed unlikely to come to fruition, given that a detail in the filing indicated that Microsoft’s board was encouraging shareholders to vote against the proposal of “Assessment of Investment in Bitcoin.”

However, MacroScope later revealed a promising update. The reason Microsoft’s management is urging its shareholders to vote against the proposal is because they “already carefully considers this topic.” This suggests that, in the event that Microsoft follows in the footsteps of MicroStrategy, it would represent a groundbreaking moment for Bitcoin, given that Microsoft is the third largest company in the world by market capitalization, standing at $3.208 trillion.

The outcome remains uncertain. However, Michael Saylor, a well-known Bitcoin advocate, has reached out to Microsoft’s Chairman and CEO Satya Nadella to discuss the potential investment. If anyone can effectively communicate the benefits of such an investment to Nadella, it’s likely to be Saylor. Microsoft currently has $75 billion in cash on hand that could be put to more effective use.

However, it’s important to note that whilst Saylor is a strong advocate for holding physical Bitcoin on a company’s balance sheet, he also acknowledges that other large corporations interested in investing in Bitcoin might prefer an alternative method of exposure, such as purchasing shares of Bitcoin ETFs. Therefore, if Microsoft decides to invest in Bitcoin, they might opt to buy shares of Bitcoin ETFs from firms such as BlackRock, rather than buying and holding the actual Bitcoin on their balance sheet.

In the end, one fact remains clear: Bitcoin has grown too large to be overlooked, even by the largest companies in the world.

This article represents the author’s personal views and may not reflect the opinions of BTC Inc or Bitcoin Magazine.