On December 10, 2024, Microsoft’s (NASDAQ: MSFT) shareholders voted against adopting Bitcoin (BTC) as part of the company’s treasury strategy.
Bitcoin was trading at $97,444 at the time, buoyed by strong post-election market optimism that contributed to its bullish momentum.
Fast-forward to June 3, 2025, Bitcoin has risen to $105,289. To this end, an investor who put $1,000 into the cryptocurrency on the day of Microsoft’s rejection would have seen their stake grow to approximately $1,080.26, reflecting an 8.03% increase.
While the return is modest, it’s worth noting that during this period, Bitcoin surged to new all-time highs above $111,000, maintaining prices steadily above the six-figure mark.
More companies opting for Bitcoin treasury
Interestingly, more companies have begun exploring or establishing a Bitcoin strategy in recent months.
One of the most prominent corporate adopters of Bitcoin remains business intelligence firm Strategy (NASDAQ: MSTR). The company has consistently accumulated assets over the past few years.
Notably, its Executive Chairman, Michael Saylor, has been a vocal advocate for corporate Bitcoin adoption and even urged Microsoft to consider it a hedge against currency debasement and a bet on future growth.
Another headline-making move came from GameStop (NYSE: GME), which, on May 28, 2025, announced the purchase of 4,710 BTC, worth over $506 million, to modernize its treasury amid ongoing retail sector challenges.
These companies view Bitcoin as a strategic hedge against the weakening fiat system, drawn by its capped supply and long-term growth trajectory.
In addition to Microsoft, on May 30, Meta (NASDAQ: META) shareholders rejected a proposal to allocate a portion of its $72 billion cash and bond reserves to Bitcoin.
Indeed, Microsoft and Meta continue to express caution, citing Bitcoin’s volatility and regulatory uncertainty.
Their reluctance comes despite Bitcoin’s increasing mainstream adoption, especially following the launch of spot exchange-traded funds and the United States’ inching toward crypto-friendly regulation after President Donald Trump’s election.
Featured image via Shutterstock
