Meta’s Bitcoin Rejection Underscores Continuing Big Tech Skepticism

Meta’s Bitcoin Rejection Underscores Continuing Big Tech Skepticism

Despite mounting evidence supporting Bitcoin as a treasury asset, Meta’s board decisively rejected a proposal to evaluate BTC for its reserves—highlighting that major technology firms remain cautious. Simon Butterfill, Head of Research at CoinShares, underscored the accelerating corporate interest in Bitcoin, stating, “the pace of adoption is accelerating.” Strategy—the publicly traded firm formerly known as MicroStrategy—pioneered this appro...

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