Meta and Big Tech Continue to Reject Bitcoin as Treasury Asset
Key Points
- Meta votes overwhelmingly against adding Bitcoin to their tr...
Well folks, looks like Mark Zuckerberg won't be changing Meta's status to "In a relationship with Bitcoin" anytime soon. The social media giant just gave crypto enthusiasts a massive thumbs down, voting 1,221 to 1 against adding Bitcoin to their treasury. Talk about getting friend-zoned!
Not Your Average Corporate Piggy Bank
The academics are having a field day with this one. NYU's Professor Aswath Damodaran basically said treating Bitcoin as a treasury asset makes about as much sense as using a rollercoaster as a parking spot. Meanwhile, Duke University's Professor Campbell Harvey nodded ...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.