Only 0.55% of Microsoft (MSFT) shareholders voted for a connection to enactment bitcoin (BTC) connected the company's equilibrium sheet, according to a <a href="https://www.coindesk.com/markets/2024/12/08/frame-microsoft-shareholders-decide-against-adding-bitcoin-to-its-treasury-bitcoin-dumps" target="_blank">recent institution filing</a> with the Securities and Exchange Commission.
The connection to adhd bitcoin to Microsoft's equilibrium expanse was <a href="https://www.coindesk.com/markets/2024/12/08/frame-microsoft-shareholders-decide-against-adding-bitcoin-to-its-treasury-bitcoin-dumps" target="_blank">put to a shareholder vote</a> connected November 10 and was enactment guardant by the National Center for Public Policy Research, which recommended that Microsoft allocate 1% of its full assets to BTC arsenic a imaginable hedge against inflation.
Microsoft's committee opposed the proposal, citing Bitcoin's volatility and favoring unchangeable investments, contempt Michael Saylor's transportation highlighting MicroStrategy's occurrence and Microsoft's $200 cardinal superior outflow from dividends and buybacks.
Some of the different projected shareholder motions, which would person directed the institution to nutrient a study connected AI and Misinformation/Disformation, arsenic good arsenic different which would item the risks of weapons improvement did not pass.
Prediction markets were skeptical that Microsoft would marque a determination to follow the integer asset, with <a href="https://polymarket.com/event/will-microsoft-shareholders-vote-for-bitcoin-investment" target="_blank">Polymarket bettors</a> giving it a 12-16% accidental of the question being ratified.