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Pro to Technology@lemmy.worldEnglish • 27 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 to Technology@lemmy.worldEnglish • 27 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.
  • @RedditIsDeddit@lemmy.world
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    • @finitebanjo@lemmy.world
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      2•26 days ago

      I didn’t really parse what your comment is saying. Are you saying that whenever you buy BTC you later sell it for half your buy average? Or are you saying like 150%?

      Is it just you or are you implying that everyone loses/gains 50% from the magical BitGoblin?

      • @RedditIsDeddit@lemmy.world
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        • @finitebanjo@lemmy.world
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          2•26 days ago

          Thank you, I appreciate the clarification.

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