Meta’s Bitcoin treasury play flops as 99% of shareholders say no
www.dlnews.com
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.
  • @Melvin_Ferd@lemmy.worldEnglish
    -8•5 days ago

    They’re the same with AI. Had these people been interested years ago, they would be sitting pretty. But they kept telling everyone it’s garbage. Now it’s just sunk costs for them

      • Echo DotEnglish
        3•5 days ago

        I certainly wouldn’t keep anything in cryptocurrency. I would transfer it to something stable.

        • @boonhet@lemm.eeEnglish
          0•4 days ago

          I mean if I found a wallet with a million euros worth of bitcoin, I’d sell half and keep half. If it rises significantly, sell half of the remainder. And so on.

          If I found a wallet with like 5k worth of BTC on it though? Just sell it all right away, it’ll do more for me now than say 10k in 5 years which is an insane long term return tbf.