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.
    • 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.