Meta shareholders refuse a proposal to add bitcoin to the general budget of the company

The proposal called “Bitcoin C Warden” obtained 3.92 million votes in favor of it, representing only 0.08% of the total block of voting.

Meta shareholders voted with an overwhelming majority against a proposal recommending the addition of Bitcoin -BTC to the general budget of the company according to an organizational press release issued on May 28, where the proposal called the Bitcoin cervical assessment obtained only 3.92 million supporters only by action against the project.

Mark Zuckerberg – Meta CEO who alone maintains 61% of the balanced force – also voted against him.

Bitcoin enthusiasm urges the dead to invest some $ 72 billion in cash reserves in BTC

Ethan Peck – One of the big Bitcoin enthusiasts – presents this proposal, and the meta urged last January to allocate part of its $ 72 billion in cash reserves to invest in Bitcoin, describing the main sector as an inflation adoption potential.

“Due to the continuous decrease in the value of cash balance sheets and low yields of bonds compared to the real inflation rate, 28% of the total dead assets suffer from a continuous decrease which is reflected in the value of shareholders’ shares” and “Beck” guided in its discourse on the Directives of Blackrock which suggest suggest 2% of investment for Bitcoin as a valid percentage.

It should be noted that “Beck” – which presented the proposal on behalf of the actions of his family in Mita – is the position of Bitcoin business director at Strive -Wealth Management, and previously launched similar campaigns with other giant technical companies that included Microsoft and Amazon. Likewise, Microsoft shareholders voted against Beck’s proposal in December from last year.

It is expected that Amazon shareholders will vote on a similar measure by recommending that 5% of the company’s budget to buy Bitcoin sales in the coming months, and analysts have declared that, although certain large technological companies are always engaged in caution concerning the addition of digital assets exposed to fluctuations in their public budgets, the scene is changing in the world.

Public companies continue to invest in Bitcoin

The number of public companies that maintain Bitcoin sales continues to increase; According to data issued by BitConsreasure.net, 116 public companies have added the BTC to their public budgets so far, the last of which was the American Gamestop and its Swedish counterpart H100 working in the field of health technology.

Microstrategy remains at the forefront of Bitcoin balances due to its preservation of 580,250 BTC currencies worth around 60.9 billion dollars, and the list of its other owners includes the two Mrathon Digital Holdings and Tesla companies, the two BTC balances with a higher value to a billion dollars.

According to several reports, there is a collective orientation of companies interested in digital assets to perceive the funding necessary to acquire Bitcoin sales in large quantities, drawn by the price of its highest new level last week at $ 111,965.

Its launch greater than 50% since the beginning of April stimulates a wave of loans and integration in its feverish race to guarantee funding to exploit the demand for strong investors. Last week, the Trump Media and Technology Group (TMTG) approved plans aimed at raising funding of $ 2.5 billion to buy digital assets, joining a growing list of companies that follow Micrustic.

Recently, the French company Blockchain Group announced its intention to buy additional Bitcoin sales worth $ 72 million after its success by selling bonds worth 63.3 million euros as part of its campaign responsible to extend its Bitcoin strategic reserves.

The position that Meta shareholders refuse to add Bitcoin to the general budget of the company appeared first on Arab Cryptonews.