Global Feed Post Login
Replying to Avatar FLASH

⚡️🙅‍♂️ 🍔 NEWS - A group of Mc Donalds shareholders want the company to create a #Bitcoin reserve, but the fast food chain says NO!

The National Center for Public Policy, a conservative think tank and McDonalds shareholder, had asked the company in a letter to consider a BTC reserve.

"As more and more companies integrate Bitcoin into their balance sheets, if McDonalds doesn't follow suit, it will lose ground where it was once a leader."

According to an SEC filing, the company does not wish to discuss a proposal to purchase Bitcoin at an upcoming shareholder meeting in May.

The SEC agreed that McDonalds was within its rights to avoid discussing the proposal.

As a reminder, Microsoft shareholders had voted against such an initiative.

Avatar
FLASH 8mo ago

🗞️ https://www.theblock.co/amp/post/350583/conservative-mcdonalds-shareholders-push-for-bitcoin-treasury-plan-but-sec-says-company-can-dismiss-proposal

Reply to this note

Please Login to reply.

Discussion

No replies yet.