The Hololens story and "Minecraft for education" are both perfect examples of what's fundamentally broken with MS.
Hololens was a complete failure, that much is already in the past now-- a failure at the hardware design level, software level, and even overall strategic level in how they tried to position it. They objectively had the biggest failure to approach VR smartly of any of the big players who invested so far, and that's pretty much the same story for all their gaming-adjacent tech ventures across decades now. These are the kind of failed bets they made which would crush any smaller company, but they have one of these every generation with their main products and keep on sailing due to the massive cash they take in from the other side of their business.
The specific bit about Hololens which mirrors their Minecraft work is how they try to find a path to profits purely through government & corporate contracts, and only tease gaming benefits for the purposes of the press. The Minecraft AR demo led to a ton of press about Hololens (and I went back and read them a few times for humor: yes, most of the articles assumed it was a real upcoming game and the future of MS in vr/ar gaming tech), but they had zero intention of making it into a real product; Hololens in practice tried to live by getting high level government and corporate niche uses, but of course that completely failed as a strategy because it was poor tech.
Likewise with Minecraft for education: it has honestly zero value added except that it's a way to package up the game for a different captive audience, education/public-sector contracts which are very lucrative. Meanwhile, they directly promised (again at big gaming events) huge updates like the graphics pack from many years ago now, which never materialized. Under their leadership, the un-modded version of Minecraft is so stagnant compared to community additions that playing the vanilla is looked at like playing 1.0 Skyrim by the community of players: basically well known to be a stagnant legacy & unmaintained piece of software you have to install for corporate reasons before you fix it with 100% necessary modding. To get things like the graphics pack which never arrived but looks better in community mods anyway.
So yes, their stewardship of the game has been awful. It's just a tool in their arsenal that they've cynically used to try and get the corporate & public sector contracts they want (education sector; military sector with hololens, though it failed there of course, etc), with zero ability to actually move it forward for the gamers. This is who they are: they purchase things in order to reroute them to a different product center, and gaming is never really on the map strategically.