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Technology@lemmy.worldEnglish • 5 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

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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

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Technology@lemmy.worldEnglish • 5 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.

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5•4 days ago
On average, if you hold bitcoin over time, you would average that in profit.
- @finitebanjo@lemmy.world
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  2•4 days ago
  Thank you, I appreciate the clarification.

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