Microsoft shareholders have made a decisive move by voting against the proposed investment in Bitcoin. This outcome aligns with expectations from prediction market traders who anticipated minimal chances of the proposal's approval.
The decision was significantly influenced by the guidance of Microsoft's board of directors, who had previously advised shareholders to reject the proposal. This guidance seems to have played a critical role in shaping the voting outcome.
The rejection reflects a cautious stance by Microsoft on integrating Bitcoin investments into their financial strategy, considering potential risks and volatility associated with cryptocurrencies.