Despite MicroStrategy CEO Michael Saylor’s best efforts, Microsoft (MSFT) shareholders have voted against the proposed Bitcoin investment strategy. The decision will see the company reject the opportunity to add the leading cryptocurrency to its treasury holdings.

Although a positive vote wouldn’t have meant an established holding, it would’ve instructed the board of directors to study the implications of that decision. MicroStrategy has been the face of Bitcoin investments over the last year. specifically, the company’s shares are up nearly 2,500% since it started purchasing Bitcoin in 2020.

Also Read: Who Will Add Bitcoin First, Microsoft or Amazon?

Microsoft Rejects Bitcoin Proposal, Will Not Add BTC to Treasury Holdings

Throughout 2024, Bitcoin has remained a focus of the finance sector. Indeed, the asset class has surged in popularity on a mainstream level for much of the year. However, that went into overdrive in November, when Donald Trump emerged victorious in the 2024 election.

Yet, the mad dash to embrace the asset class has not gone as many have predicted. Despite the intrigue of such a move, Microsoft shareholders have voted against a Bitcoin investment proposal. Indeed, the decision shows that the software company will not be adopting Bitcoin into its holdings any time soon.

Microsoft Logo on Phone
POLAND – 2021/02/19: In this photo illustration a Microsoft logo seen displayed on a smartphone with stock market values in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)

Also Read: Microsoft Bitcoin Shift Could Have Led to Record 2025

The initial proposal was introduced by the National Center for Public Policy Research. Titled ‘Assessment of Investing in Bitcoin,’ it suggested diversification into BTC could provide a good hedge against inflationary concerns. According to recent data, Microsoft currently holds $78.4 billion in cash and marketable securities.

Microsoft’s Bitcoin strategy proposal followed a pitch from MicroStrategy founder and CEO Michael Saylor. The executive reportedly gave a 3-minute presentation in an attempt to convince shareholders. Although the move has been tremendous for Saylor’s company, Microsoft opted against the potential. Now all eyes are on Amazon and others that have openly discussed the potential of a similar move.

  • bitcoin
  • Michael Saylor
  • Microsoft