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Pro@programming.dev to 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

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@programming.dev to Technology@lemmy.worldEnglish · 5 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.
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    • RedditIsDeddit@lemmy.world
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      3 days ago

      Very few cryptos are PoW at this point as well. But lets just ignore that.

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        • RedditIsDeddit@lemmy.world
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          Sure in the case of bitcoin you are correct, but Solana has the most activity amongst ANY chain and Ethereum is huge too…

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            • RedditIsDeddit@lemmy.world
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              over 60% of the crypto market is BTC… most of the leading chains are not proof of work

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                • RedditIsDeddit@lemmy.world
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                  I didn’t say it wasn’t an issue. Stop putting words in peoples mouths. I don’t conversate with folks that do that shit.

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