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Pro to Technology@lemmy.worldEnglish • 4 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 • 4 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.
  • Lukas Murch
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    23•3 days ago

    Coming soon: Meta announces they are buying bitcoin anyways, because fuck them plebs.

    • @untakenusername@sh.itjust.works
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      12•3 days ago

      most of the shareholders aren’t ‘plebs’

      • @InternetCitizen2@lemmy.world
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        1•2 days ago

        I suppose compared to our lord zucc they might be

        • @untakenusername@sh.itjust.works
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          3•2 days ago

          yeah honestly though a man with 200 billion is vastly more wealthy than someone with 100 million

          • @tocopherol@lemmy.dbzer0.com
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            2•
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            2 days ago

            It’s difficult to comprehend just how much more wealthy a billionaire is. If you spent $10 every ten minutes, it would take you about 70 days to go through $1 million. To reach a billion would take 190 years.

            • @Honytawk@feddit.nl
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              4•
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              2 days ago

              The difference between a million and a billion is approximately a billion

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