Big companies are understanding what bitcoiners have understood for more than 10 years. The vote at Microsoft is a milestone for bitcoin (regardless of the result). On December 10, the Microsoft Shareholders' Meeting (the third most valuable company in the world) will vote whether or not to approve the possibility of investing in it. in bitcoin (BTC). If the yes vote were won and Microsoft finally dedicated a portion of its treasury funds to BTC, the company would join an extensive list of publicly traded companies that have incorporated the digital currency into their balance sheets. MicroStrategy, Tesla, Marathon and MercadoLibre are some of these companies that, to a greater or lesser extent, decided that it was a good idea to «bitcoinize» part of their reserves, as a safeguard against inflation and the devaluation of fiat money. In the case of Microsoft, the final answer has not yet been said. As this information portal has reported, The Shareholders' Meeting recommends voting against the proposal. Despite this, the community around bitcoin and cryptocurrencies has largely received the news of the vote with optimism. It is not for less, considering that Microsoft has a fund of 75,000 million dollars that it can allocate to investments. Journalist Martín Arrúa, from BitcoinDynamic, made some interesting calculations. If Microsoft invested just 1% of that money, it would acquire more than 10,000 BTC at the current price. That would already position it among the 3 publicly traded companies with the largest amount of bitcoin in its possession, according to data from BitcoinTreasuries. The following image, taken from the aforementioned website, shows the 10 publicly traded companies with the largest amount of BTC in their treasuries:
10 publicly traded companies with the most bitcoin in their treasury. Source: BitcoinTreasuries. On social networks and internet forums, many expressed their enthusiasm. The X user who identifies himself as «CryptoHattrick», for example, highlights the fact that BlackRock owns almost 8% of Microsoft shares. This means that BlackRock will have participation in that shareholder meeting and, as is publicly known, is currently a “pro-bitcoin” company (in fact, it is the manager of the largest bitcoin ETF). CryptoHattrick anticipates that “a lot of fun awaits us” and that if the idea of Microsoft investing in bitcoin is approved, “a domino effect” will occur. Adrián Treviño, content creator and digital educator focused on bitcoin, wrote on that same social network:
«Just as Microsoft is proposing to buy bitcoin, this is becoming an impossible issue to avoid for any institution that does not want to see its money melt like an ice cube.» Adrián Treviño, educator.
By saying this, Treviño refers to the narrative that bitcoin is a protection against the devaluation of fiat money (that is, money issued by States). Bitcoiner Felipe Salazar, in response to Treviño, highlights that even if the vote were negative, it will end up being a good thing, since «not having voted in favor will be recorded as a terrible decision.» JJChagerben, a bitcoiner who is very active on social networks and who manages a YouTube channel, speculates with a personal theory: «When you already see the news, it is because Microsoft has already bought bitcoins.» While it is not impossible for such a theory to be true, it should be considered that there are strict laws in the United States to prevent the misuse of non-public information that could influence the price of an asset. Large companies, in general, seek to act in accordance with current legislation to avoid sanctions. The X user who introduces himself as WalkerAmerica, «scolds» his non-coiner readers. He writes: «If Microsoft buys bitcoin before you buy bitcoin, you have failed.» In response to Walker America and as if to clarify what that tweeter is saying, another X user writes: «Bitcoin is the only opportunity that retailers have to get ahead of Wall Street, but they are not taking advantage of it.» Alberto Mera, a Spanish podcaster (who hosts the program 'A podcast about bitcoin') jokes that we should start calling the company «Macrosoft» if the Board votes to approve the investment in bitcoin. For his part, Venezuelan influencer David Battaglia cannot hide his FOMO:
«People don't understand anything about what is happening. BlackRock buys bitcoin for its ETF. BlackRock owns 5% of MSTR shares therefore it is the indirect owner of that BTC. If Microsoft buys, guess what, BlackRock will also own that BTC. But the beautiful thing about this is that the purity of bitcoin remains intact thanks to its decentralized protocol. They have their tricks but they have to wait in line to buy. «Ordinary people won't understand until it's too late.» David Battaglia, bitcoiner communicator.
For Jorge M., who is CEO of ValueIndex, the purchase of bitcoin by Microsoft could trigger a “domino effect” that ends up taking bitcoin to $500,000. This analyst explains that if Microsoft allocated 1% of its funds to bitcoin (as suggested by the National Center for Public Policy Research) it could lead to what was said by businesswoman Cathie Wood 3 years ago. She had said in an interview with CNBC: «If S&P500 companies invested just 1% of their funds in bitcoin, it would reach half a million dollars.» It is worth clarifying that Microsoft should «infect» other companies to follow in its footsteps so that what Wood said becomes a reality.
Microsoft vote is a milestone for bitcoin (regardless of the result)
Microsoft's potential investment in bitcoin not only reflects a change in the behavior of large corporations, but also the growing recognition of the disruptive value of this technology. We are witnessing how the world's largest companies are beginning to adopt a more open and even inevitable stance towards bitcoin. This interest from corporate giants reinforces the narrative that bitcoin is more than a fad: it is a natural evolution in the way value is stored in a world marked by the continuous devaluation of fiat currencies. Although approval at the Shareholders' Meeting is uncertain, the mere discussion in a company of Microsoft's stature is already a milestone that sets the tone for what is to come. The mere possibility that such an influential firm would consider adopting bitcoin on its balance sheet is a testament to the inevitable impact of this digital currency. And although some continue to doubt, institutions seem to be understanding what bitcoiners have understood for more than a decade.