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Bitcoin remained resilient at $97.5K, recovering from a modest 3% dip to $94.5K lows. The sell-off occurred shortly after Microsoft shareholders decisively rejected a BTC treasury proposal to allocate 1% of total assets into BTC as an inflation hedge.

Despite MicroStrategy Chairman Michael Saylor’s efforts to sway opinions, Microsoft maintained its stance, citing concerns over BTC’s volatility.

MSTR, on the other hand, doubled down with another $2.1 billion BTC purchase last week—its fifth consecutive week of accumulation. This move signals strong support for downside movements and reinforces their $42 billion strategy, suggesting more acquisitions are on the horizon.

The crypto lobby has intensified its efforts against SEC Commissioner Caroline Crenshaw ahead of the Senate committee vote due to her alleged anti-crypto stance. The timing of Crenshaw’s vote is labelled by the Republicans as a last-minute effort to counter Trump’s agenda of reshaping the SEC into a pro-innovation, pro-business advocate for digital assets.

With the stage set for a high-stakes battle, the future of digital assets is at a crossroads.