Pro to

[email protected]English • 28 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

743

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 to

[email protected]English • 28 days 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.

Chat

@[email protected]
link
fedilink
English
0•26 days ago
And nobody uses those, so that argument is mute.
- @[email protected]
  link
  fedilink
  English
  0•26 days ago
  False.
  
  80% of transactions occur on solana and BNB. Only 1% of crypto transactions are on Bitcoin, which is in 9th place.

[email protected]

[email protected]

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

3.27K users / day
10.8K users / week
19.2K users / month
38.8K users / 6 months
72K subscribers
15.5K Posts
673K Comments
Modlog