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.
