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Pro@programming.dev to Technology@lemmy.worldEnglish · 6 days 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

www.dlnews.com

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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

www.dlnews.com

Pro@programming.dev to Technology@lemmy.worldEnglish · 6 days ago
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Meta’s Bitcoin treasury play flops as 99% of shareholders say no
www.dlnews.com
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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.
  • JackbyDev@programming.dev
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    5 days ago

    Right, why invest in a rug pull coin when I can invest in an ETF of all the rug pull coins!

    • infinitesunrise@slrpnk.net
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      4 days ago

      Bitcoin is the only crypto that has been approved by the SEC to be included in ETFs. So far.

      • pdqcp@lemmy.dbzer0.com
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        4 days ago

        Slight correction, seen that Ethereum was also approved to be included in ETFs

        • infinitesunrise@slrpnk.net
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          4 days ago

          Oh, I completely forgot about that. Speaking out my ass. Thanks.

      • JackbyDev@programming.dev
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        4 days ago

        So you’re saying there’s a chance? Heh heh heh… Only a matter of time.

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