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About MLC

Mithila Coin (MLC) is a cryptocurrency launched in 2022. MLC has a current supply of 500.00M with 0 in circulation. The last known price of MLC is 0.990477201111 USD and is -0.009132042703 over the last 24 hours. It is currently trading on active market(s) with $1,084.81 traded over the last 24 hours. More information can be found at .
MLC Price Statistics
MLC’s Price Today
24h Price Change
-$0.0091320427030.91%
24h Volume
$1,084.8110.49%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#4364
MLC Market Cap
Market Cap
$0
Fully Diluted Market Cap
$495.24M
MLC Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
MLC Supply
Circulating Supply
0
Total Supply
500.00M
Max Supply
500.00M
Updated Dec 11, 2024 1:38 am
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MLC
Mithila Coin
$0.990477201111
$0.009132042703(-0.91%)
Mkt Cap $0
There's nothing here for now
Microsoft Shareholders Reject Bitcoin Proposal
Microsoft Shareholders Reject Bitcoin Proposal
According to Cointelegraph, Microsoft shareholders have voted against a proposal to incorporate Bitcoin (BTC) into the company's balance sheets during the annual meeting held on December 10. The proposal was put forward by the National Center for Public Policy Research (NCPPR), a Washington, D.C.-based think tank advocating for free-market policies. The NCPPR argued that diversifying into Bitcoin would enhance shareholder value by capitalizing on profit diversification. During the shareholders' meeting, a pre-recorded video from the NCPPR was presented, emphasizing the potential benefits of holding Bitcoin. The video highlighted the growing trend of institutional and corporate adoption of Bitcoin, citing BlackRock, Microsoft's second-largest shareholder, which offers a Bitcoin ETF. The proposal suggested that Microsoft allocate between 1% and 5% of its profits to Bitcoin investments, arguing that this move could generate significant value while mitigating risks for shareholders. However, it also acknowledged Bitcoin's volatility compared to corporate bonds and advised against excessive investment. Despite the NCPPR's arguments, Microsoft's board recommended against the proposal in a 14A filing with the US Securities and Exchange Commission (SEC). The board described the proposal as "unnecessary," stating that the company already considers cryptocurrency investments carefully. They emphasized the need for stable and predictable investments to ensure liquidity and operational funding, which Bitcoin's volatility could compromise. The proposal appeared to rely heavily on the "fear of missing out" (FOMO) mentality, referencing the Bitcoin adoption strategies of companies like MicroStrategy and BlackRock as motivation. However, Microsoft's board remained unconvinced, asserting that the company has robust processes in place to manage and diversify its corporate treasury for the long-term benefit of shareholders. The board dismissed the need for a public assessment of Bitcoin's inclusion in the company's balance sheet. Ultimately, the shareholders sided with the board's recommendation, voting against the proposal to adopt Bitcoin. The decision reflects Microsoft's cautious approach to cryptocurrency investments, prioritizing stability and long-term shareholder interests over potential short-term gains from Bitcoin adoption.
Dec 11, 2024 1:23 am

Frequently Asked Questions

  • What is the all-time high price of Mithila Coin (MLC)?

    The all-time high of MLC was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Mithila Coin (MLC) is 0. The current price of MLC is down 0% from its all-time high.

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  • How much Mithila Coin (MLC) is there in circulation?

    As of , there is currently 0 MLC in circulation. MLC has a maximum supply of 500.00M.

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  • What is the market cap of Mithila Coin (MLC)?

    The current market cap of MLC is 0. It is calculated by multiplying the current supply of MLC by its real-time market price of 0.990477201111.

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  • What is the all-time low price of Mithila Coin (MLC)?

    The all-time low of MLC was 0 , from which the coin is now up 0%. The all-time low price of Mithila Coin (MLC) is 0. The current price of MLC is up 0% from its all-time low.

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  • Is Mithila Coin (MLC) a good investment?

    Mithila Coin (MLC) has a market capitalization of $0 and is ranked #4364 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Mithila Coin (MLC) price trends and patterns to find the best time to purchase MLC.

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