Aren’t you ready for crypto? While others like it Layer We are choosing Bitcoin (BTC), some very large companies (so far) dared to dive. In recent months Microsoft’s shareholders,, Amazon AND Meta (Facebook) rejected the idea of building and Strategic reserve BTC for their business cash. Cainelegraph analysts have recently tried to explain these rejection.
- Microsoft, Amazon and Meta shareholders refused to introduce a strategic reserve in Bitcoins for their business cash.
- Cointlegraph analysts identified four main reasons for this rejection, including Volatility Bitcoin and regulatory uncertainty.
From the strategy, before Microstrategy, began to accumulate bitcoins in August 2020Many other companies followed his example. However, although the king of Kryptos has become very popular, there is still much unwillingness to accept it as Reserve.
In a recent analysis, Caintelegraph wanted to decrypt the reasons refusal shareholder Microsoft,, Amazon AND Meta Build BTC supplies. It is more precisely the latest rejection of the group Mark Zuckerberg (whose negative vote comes from early June), which was studied here.
Therefore, there is an 4 main reasons who led most of Mera shareholders not to want bitcoins in the company’s cash (for now).
Volatility, risk of regulatory changes, … BTC is done only for courageous
This is a summary and commented a quote from the work of Cointlegraph to tryExplain this fear To accept bitcoins as reserve assets:
- Concerns about volatility. Although it decreases over time, BTC volatility remains important. This high price fluctuation would be reflected in quarterly results these companies (whose accounts must be regularly published). In good, as in difficulty.
- Regulatory uncertainty. Digital asset regulations are approaching rapidly (Especially in the United States with a brilliant law) but the bitcoin sector is still at the moment without clear and consistent regulations in many jurisdictions. However, companies do not like the idea of legal and tax rules that may change along the way.
- A priority dedicated to the company’s activities. The shareholders of the largest technology companies appear to be kindness of predictability and stability ». What is it coming back ” Focus on their main business From the company, rather than “be distracted” by speculative assets.
- Trust : Society must find a Scales betweeninnovation and their obligation to their Shareholder. The statutory obligation ‘ Manage responsible assets “It wouldn’t be compatible with bitcoins that some consider to be Speculative investment ». The Board of Board “Fear of Failure of this Obligatory” and prefer to “accept an approach Careful and wait -a -viz ».
Caintelegraph (Guided Summary)
In a very summary it should be Don’t be cold Drain Bitcoin’s adventure. It is often a speed loss that suddenly reorients on bitcoin because in a certain sense, Have nothing to lose Try their happiness with a precious but volatile cryptocurrency. What is Not all of the tech giant Like Microsoft, Amazon and Meta. If these companies listed on coding should invest in the wrong time In Bitcoins, at the peak of the market, it could stands very expensive (Much more than the loss of the value of the BTC). However, bet that the smartest, during the next lower cycle, will consider again Certainly the idea of having a small bitcoin side. Especially with whole countries that represent strategic reservations of BTC.
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