Microsoft shareholders delivered a decisive verdict on Bitcoin adoption, with only 0.55% voting in favor of a proposal to allocate 1% of the company’s assets to BTC, according to a recent SEC filing.
The initiative, introduced by the National Center for Public Policy Research, argued that Bitcoin could serve as an inflation hedge, citing examples like MicroStrategy’s investment success. However, Microsoft’s board countered the proposal, emphasizing Bitcoin’s notorious volatility and reaffirming a commitment to stable financial strategies.
Alongside this, shareholders dismissed motions addressing AI misinformation and ethical concerns in weapons development, reflecting a broader trend of cautious corporate governance.
Prediction markets, including Polymarket, had already predicted the outcome with precision, assigning only a 12% to 16% chance of the Bitcoin motion passing—a testament to the prevailing skepticism around crypto adoption in traditional corporate finance.
