Pro@programming.dev to Technology@lemmy.worldEnglish · 20 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

cross-posted to:
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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

Pro@programming.dev to Technology@lemmy.worldEnglish · 20 days ago

cross-posted to:
[email protected]

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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It is the way all lottery works.

You are more likely to be hit by lightning than to win the lottery. Yet people believe they will win every time.

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