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Technology@lemmy.worldEnglish · 1 month ago

Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure

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Meta shareholders overwhelmingly rejected a proposal to explore adding Bitcoin to the company's treasury, with less than 1% voting in favor of the measure

Pro@programming.dev to

Technology@lemmy.worldEnglish · 1 month ago

Meta’s Bitcoin treasury play flops as 99% of shareholders say no

Meta shareholders rejected the Bitcoin plan with less than 1% in favour. The proposal called Bitcoin a hedge against inflation and weak bonds. GameStop and Metaplanet are among firms copying Saylor’s Bitcoin play.

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Gsus4@mander.xyz
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1 month ago
Yeah, it’s like those people who fall for ads where people get rich going to the casino.
- Ulrich@feddit.org
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  1 month ago
  LOL they love to parade around the 1/10,000 winners and make them spokespeople for the casino for a week.

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