The Bitcoin proposal received less than 1% backing from Microsoft shareholders.

Skepticism from prediction markets about Microsoft’s bitcoin adoption proved accurate.

Only 0.55% of Microsoft (MSFT) shareholders supported a proposal to allocate a portion of the company’s assets to bitcoin (BTC), according to a recent SEC filing.

The initiative, introduced by the National Center for Public Policy Research, called for Microsoft to invest 1% of its total assets in bitcoin as an inflation hedge. Despite its ambition, the motion faced resistance from Microsoft’s board, which cited bitcoin’s notorious volatility and expressed a preference for more stable asset allocations. This opposition came even as proponents, including Michael Saylor, highlighted the success of MicroStrategy’s bitcoin strategy and pointed to Microsoft’s $200 billion outflows through dividends and stock buybacks.

Additional shareholder proposals, such as requiring reports on artificial intelligence’s impact on misinformation and evaluating the risks of weapons development, were similarly unsuccessful.

Polymarket prediction markets had long discounted the likelihood of Microsoft adopting bitcoin, with traders assigning just a 12-16% probability to the motion’s passage—accurately reflecting the vote’s outcome.