The odds were stacked against Bitcoin adoption at Microsoft, and the results confirmed it.
Just 0.55% of Microsoft (MSFT) shareholders supported a proposal to invest 1% of the company’s assets in bitcoin (BTC), as detailed in a recent filing with the SEC.
The initiative, spearheaded by the National Center for Public Policy Research, suggested bitcoin as a hedge against inflation. However, Microsoft’s board dismissed the idea, pointing to BTC’s volatility and the company’s preference for more predictable asset strategies. Despite a spirited pitch referencing MicroStrategy’s bitcoin success and Microsoft’s significant capital outflows, the proposal gained little traction.
Shareholders also rejected other resolutions, including calls for reports on AI-related misinformation risks and ethical concerns surrounding weapons development.
Prediction platforms like Polymarket reflected this outcome, giving the bitcoin proposal just a 12% to 16% likelihood of passing—an accurate gauge of shareholder sentiment.
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