Corporate Bitcoin treasury is an increasingly discussed phenomenon in the business world. However, many large companies are rejecting the idea, raising interest and questions.
What is a Corporate Bitcoin Treasury?
A corporate Bitcoin treasury refers to when a company includes Bitcoin on its balance sheet as an alternative to traditional financial assets. This new trend in corporate finance strategy has gained media attention in recent years.
Meta, Amazon, and Microsoft's Stance on Bitcoin
Shareholders of Meta, Amazon, and Microsoft have overwhelmingly rejected proposals to establish a strategic Bitcoin treasury. At a recent Meta shareholder meeting, over 90% of votes were cast against this initiative, despite growing interest in cryptocurrency.
Why Companies Are Rejecting Bitcoin?
Reasons for rejection include Bitcoin's volatility, regulatory uncertainty, and companies' desire to maintain predictability and stability. Many organizations are cautious regarding the concept of a Bitcoin treasury, preferring traditional approaches to asset management.
Currently, the concept of a Bitcoin treasury remains an exception rather than the norm for large companies. Many of them prefer to focus on stable and safe financial strategies.