Pro to

Technology@lemmy.worldEnglish • 6 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

734

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

Technology@lemmy.worldEnglish • 6 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

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

Technology@lemmy.world

!technology@lemmy.world

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: !technology@lemmy.world

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

3.33K users / day
9.57K users / week
16.9K users / month
37K users / 6 months
70.9K subscribers
9.78K Posts
289K Comments
Modlog