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🚫 Dell Rejects Bitcoin Treasury Proposal
According to AInvest:
🔹Dell has officially rejected a shareholder proposal suggesting the company hold Bitcoin in its treasury reserves.
🔹On May 9, Dell stated the proposal was “complex” and could interfere with sound decision-making and management autonomy.
🔹The board emphasized that strategic investment decisions should be made by the management team, not mandated by shareholders.
📌 This highlights the cautious stance many traditional firms still take toward crypto—even as some investors view BTC as an inflation hedge.
#bitcoin #Dell #TreasuryStrategy
According to AInvest:
🔹Dell has officially rejected a shareholder proposal suggesting the company hold Bitcoin in its treasury reserves.
🔹On May 9, Dell stated the proposal was “complex” and could interfere with sound decision-making and management autonomy.
🔹The board emphasized that strategic investment decisions should be made by the management team, not mandated by shareholders.
📌 This highlights the cautious stance many traditional firms still take toward crypto—even as some investors view BTC as an inflation hedge.
#bitcoin #Dell #TreasuryStrategy
🚫 Dell Rejects Bitcoin Treasury Proposal
According to AInvest:
🔹Dell has officially rejected a shareholder proposal suggesting the company hold Bitcoin in its treasury reserves.
🔹On May 9, Dell stated the proposal was “complex” and could interfere with sound decision-making and management autonomy.
🔹The board emphasized that strategic investment decisions should be made by the management team, not mandated by shareholders.
📌 This highlights the cautious stance many traditional firms still take toward crypto—even as some investors view BTC as an inflation hedge.
#bitcoin #Dell #TreasuryStrategy
According to AInvest:
🔹Dell has officially rejected a shareholder proposal suggesting the company hold Bitcoin in its treasury reserves.
🔹On May 9, Dell stated the proposal was “complex” and could interfere with sound decision-making and management autonomy.
🔹The board emphasized that strategic investment decisions should be made by the management team, not mandated by shareholders.
📌 This highlights the cautious stance many traditional firms still take toward crypto—even as some investors view BTC as an inflation hedge.
#bitcoin #Dell #TreasuryStrategy
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Bitcoin is About to Enter Corporate Budgets: Positive Signals for Cryptocurrency!
The SEC recently responded to company #Dell regarding a shareholder proposal, requesting consideration of including Bitcoin in the budget. #SEC agreed that Dell could remove this proposal from the shareholder meeting documents, as this is a matter of ordinary business, not within their management scope. This grants Dell the right to self-determination, allowing them to choose to integrate Bitcoin or ignore the proposal without legal risks.
This flexibility is a positive sign, opening the door for large companies to consider digital assets in their financial strategies. With Bitcoin currently at $104,000 and an accumulation forecast of $330 billion by 2029, along with crypto fund inflows reaching $3.4 billion last week, the cryptocurrency market promises sustainable growth. The potential participation of companies like Dell will strengthen the position of Bitcoin and Ethereum ($2,500), promoting a bright future for the industry.
Risk Warning: Crypto investments carry high risks due to price volatility and legal uncertainties. Please consider carefully before participating. #anhbacong
The SEC recently responded to company #Dell regarding a shareholder proposal, requesting consideration of including Bitcoin in the budget. #SEC agreed that Dell could remove this proposal from the shareholder meeting documents, as this is a matter of ordinary business, not within their management scope. This grants Dell the right to self-determination, allowing them to choose to integrate Bitcoin or ignore the proposal without legal risks.
This flexibility is a positive sign, opening the door for large companies to consider digital assets in their financial strategies. With Bitcoin currently at $104,000 and an accumulation forecast of $330 billion by 2029, along with crypto fund inflows reaching $3.4 billion last week, the cryptocurrency market promises sustainable growth. The potential participation of companies like Dell will strengthen the position of Bitcoin and Ethereum ($2,500), promoting a bright future for the industry.
Risk Warning: Crypto investments carry high risks due to price volatility and legal uncertainties. Please consider carefully before participating. #anhbacong
$IO .net Joins the Dell Technologies Partner Program!🚀
io.net has become an Authorized Partner and Cloud Service Provider of Dell Technologies, combining its decentralized GPU computing network with Dell's trusted infrastructure. This strategic partnership will deliver scalable, reliable, and cost-efficient GPU clusters for enterprise solutions, particularly in AI and machine learning (ML) workloads. With access to Dell’s global resources and go-to-market support, io.net eliminates the challenges of centralized systems, such as high costs, limited flexibility, and resource bottlenecks, through its decentralized infrastructure. This collaboration marks a significant milestone in the AI and HPC space, solidifying io.net’s position in the technology ecosystem and highlighting the global impact of this major partnership. 🌐💪 $IO
#ionet #Dell #Partnership #ArtificialInteligence #DePIN
io.net has become an Authorized Partner and Cloud Service Provider of Dell Technologies, combining its decentralized GPU computing network with Dell's trusted infrastructure. This strategic partnership will deliver scalable, reliable, and cost-efficient GPU clusters for enterprise solutions, particularly in AI and machine learning (ML) workloads. With access to Dell’s global resources and go-to-market support, io.net eliminates the challenges of centralized systems, such as high costs, limited flexibility, and resource bottlenecks, through its decentralized infrastructure. This collaboration marks a significant milestone in the AI and HPC space, solidifying io.net’s position in the technology ecosystem and highlighting the global impact of this major partnership. 🌐💪 $IO
#ionet #Dell #Partnership #ArtificialInteligence #DePIN
Dell Rejects Bitcoin Treasury Proposal, Cites Micromanagement
Dell has officially shot down a shareholder proposal to add Bitcoin to its corporate treasury, calling it an overreach into management's discretion. In a May 9 letter, Dell argued the move would lead to improper micromanagement and hinder informed shareholder judgment. The proposal pushed for replacing cash and bonds with Bitcoin to hedge inflation, but Dell stood firm—crypto won't be making it onto the balance sheet anytime soon.
#Dell #BTC
Dell has officially shot down a shareholder proposal to add Bitcoin to its corporate treasury, calling it an overreach into management's discretion. In a May 9 letter, Dell argued the move would lead to improper micromanagement and hinder informed shareholder judgment. The proposal pushed for replacing cash and bonds with Bitcoin to hedge inflation, but Dell stood firm—crypto won't be making it onto the balance sheet anytime soon.
#Dell #BTC
Here are some of the Top Bitcoin news highlights for today 16-7-2024:
1.Bitcoin Price Consolidation
:In spite of a liquidation of $71.02 million in short positions, Bitcoin's price is consolidating near $62,000. Moreover, Mt. Gox recently transferred 44,527 BTC (equivalent to $2.84 billion) to an internal wallet.
2- Michael Dell, Dell Technologies’ CEO showed his interest on twitter about Bitcoin.
3- - Recent inflows into U.S spot Bitcoin ETFs was at $300.90 million.
4.Normal Pullback and Recovery
Some may see it as a relief rally after a 13% recovery over the past few days. It is argued though that this is all part of normal market ebb and flow and the recovery for bitcoin remains intact.
5- Bitcoin Conference 2024
The dates, schedule and key highlights for the Bitcoin Conference 2024 can be found here; An opportunity to network, learn and shape crypto’s future would be an understatement as well
#Mt_Gox_BTC_Dip
#bitcoin
#dell
#BinanceTurns7
1.Bitcoin Price Consolidation
:In spite of a liquidation of $71.02 million in short positions, Bitcoin's price is consolidating near $62,000. Moreover, Mt. Gox recently transferred 44,527 BTC (equivalent to $2.84 billion) to an internal wallet.
2- Michael Dell, Dell Technologies’ CEO showed his interest on twitter about Bitcoin.
3- - Recent inflows into U.S spot Bitcoin ETFs was at $300.90 million.
4.Normal Pullback and Recovery
Some may see it as a relief rally after a 13% recovery over the past few days. It is argued though that this is all part of normal market ebb and flow and the recovery for bitcoin remains intact.
5- Bitcoin Conference 2024
The dates, schedule and key highlights for the Bitcoin Conference 2024 can be found here; An opportunity to network, learn and shape crypto’s future would be an understatement as well
#Mt_Gox_BTC_Dip
#bitcoin
#dell
#BinanceTurns7
Dell Stands Firm Against Bitcoin Treasury Shift !!!!
Should corporations allow crypto to reshape their cash strategy????
Dell has officially declined a shareholder proposal to allocate a portion of its corporate treasury into Bitcoin.
In a May 9 letter, Dell stated that such proposals involve complex decisions that could mislead shareholders and result in undue micromanagement of corporate finances.
The proposal aimed to encourage Dell to diversify away from cash and bonds in favor of Bitcoin to hedge against inflation.
However, Dell emphasized that mandating specific asset classes infringes on the management’s authority over investment decisions.
The company reiterated that these choices should remain under the discretion of its leadership to maintain operational flexibility and proper governance.
#Dell
#InvestWisely
#CryptoTreasury
#CorporateFinance
#SmartTraderLali
Should corporations allow crypto to reshape their cash strategy????
Dell has officially declined a shareholder proposal to allocate a portion of its corporate treasury into Bitcoin.
In a May 9 letter, Dell stated that such proposals involve complex decisions that could mislead shareholders and result in undue micromanagement of corporate finances.
The proposal aimed to encourage Dell to diversify away from cash and bonds in favor of Bitcoin to hedge against inflation.
However, Dell emphasized that mandating specific asset classes infringes on the management’s authority over investment decisions.
The company reiterated that these choices should remain under the discretion of its leadership to maintain operational flexibility and proper governance.
#Dell
#InvestWisely
#CryptoTreasury
#CorporateFinance
#SmartTraderLali
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