Polymarket predicts that the probability of Microsoft approving Bitcoin investment strategy is less than 10%

Polymarket data shows that users predict that there is less than a 10% chance that Microsoft shareholders will approve the Bitcoin investment strategy. Microsoft will vote on the Bitcoin investment plan on December 10. One Polymarket user commented: "If their stock can soar 50% as a result, why should they invest 1% in BTC? Microsoft's stock is in a long-term consolidation phase, and BTC adoption is a huge bullish driver for Microsoft." Another user said: "If institutional investors want to invest in Bitcoin, why don't they buy Bitcoin directly? They just confuse safe investments (Microsoft) with volatile investments (BTC), making their value assessment more difficult." The question of whether Microsoft should consider cryptocurrency as part of its long-term investment strategy stems from an October proposal by the National Center for Public Policy Research. (Cryptonews) Previously, MicroStrategy co-founder Michael Saylor told Microsoft CEO Satya Nadella and the board of directors that Bitcoin is the best asset the company can own. Saylor said in a three-minute video recently presented to Microsoft: "Microsoft cannot miss the next wave of technology, and Bitcoin is this wave. Bitcoin represents the greatest digital transformation of the 21st century and represents digital capital." Saylor went on to say that it "makes sense" for Microsoft to buy and hold Bitcoin instead of buying back its own shares or holding bonds. He further stated: "You have given up hundreds of billions of dollars of capital in the past five years, and you have only magnified the risks faced by shareholders. If you want to get out of this vicious cycle, you need an asset without counterparty risk." He added that assuming Microsoft converts its cash flow, dividends, buybacks and debt into Bitcoin, by 2034, Microsoft's stock price could increase by $584 per share and the enterprise value could increase by $4.9 trillion.