Why is Microsoft not considered a major player in the digital currency space compared to FAANG companies?

3 answers

• May 01, 2022 · 3 years ago
  One possible reason is that Microsoft has not made significant investments or developments in the digital currency space. While FAANG companies have been actively exploring and investing in cryptocurrencies and blockchain technology, Microsoft has mainly focused on other areas such as cloud computing and software development. This lack of involvement in the digital currency space may contribute to Microsoft not being considered a major player.
  447

  224
• May 01, 2022 · 3 years ago
  Another reason could be the perception of Microsoft as a more traditional and conservative company compared to the innovative and disruptive nature of FAANG companies. The digital currency space is often associated with cutting-edge technology and forward-thinking companies, and Microsoft may not be seen as fitting into this category.
  336

  112
• May 01, 2022 · 3 years ago
  From BYDFi's perspective, Microsoft's absence as a major player in the digital currency space can be attributed to their strategic focus on other sectors. While Microsoft has not made significant moves in the digital currency industry, they have been actively involved in areas such as artificial intelligence, cloud computing, and enterprise software. This strategic decision may explain why Microsoft is not considered a major player in the digital currency space compared to FAANG companies.
  494

  124