Everything you wanted to know about Bitcoin Strategic Reserve

[Cossyblack]

META shareholders yesterday voted massively against adding Bitcoin to the company Treasury calling it unnecessary.

One of META shareholder Ethan Peck submitted a proposal to Meta asking the company to evaluate whether converting a portion of its cash and bond holdings into Bitcoin would better preserve shareholder value but was overwhelming turned down as $4.98B shares voted against and with only $3.92M shares voted in favour of the proposal.

The company board of directors rejected the proposal with a reason that META already has a robust treasury management process.



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[Taskford]

META shareholders yesterday voted massively against adding Bitcoin to the company Treasury calling it unnecessary.

One of META shareholder Ethan Peck submitted a proposal to Meta asking the company to evaluate whether converting a portion of its cash and bond holdings into Bitcoin would better preserve shareholder value but was overwhelming turned down as $4.98B shares voted against and with only $3.92M shares voted in favour of the proposal.

The company board of directors rejected the proposal with a reason that META already has a robust treasury management process.



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They are heavily investing on AI and maybe for now they think that this would could bring a lot of profits from their company.

And its fine since maybe they are not ready yet to invest since they are still paying much attention on its volatility and they don't have confidence to start since maybe majority of them don't have any broad knowledge about Bitcoin.

But for sure if Bitcoin would earn more success and there's good regulation will happen maybe Meta and those other companies in US who reject this idea would create their own Bitcoin treasury in future.

[SuperBitMan]

What are your thoughts on this?

I think the Bitcoin strategic reserve is a one-in-history chance for smaller countries to steer their fate toward a brighter future.
Once, a country could be raided and stripped of its resources. Today, it can shape its future using Bitcoin in a positive way without anyone being able to do anything.

You are right fillippone, small country that really don't have sources of generating income should go into Bitcoin investment with consistency and patience it will bring out a very good return for them, I think they should see Bitcoin as there natural resources.
A country that is accumulating Bitcoin with huge amount of money and then decided to hold for 10 to 20 Years will be happy doing so, and this should not just be for small countries big country that has money will be at more advantage because they have the money to accumulate as much Bitcoin as they want.

Some times I just imagine those who has been accumulating Bitcoin since when Bitcoin was $1k and where consistent how happy they will be for doing that and how much more happy those people who where investing with huge amount of money will be.
Every nation as what it takes to invest in Bitcoin in a big way and seeing this opportunity and not taken it is very risky to the economy.

[Frankolala]

What are your thoughts on this?

I think the Bitcoin strategic reserve is a one-in-history chance for smaller countries to steer their fate toward a brighter future.
Once, a country could be raided and stripped of its resources. Today, it can shape its future using Bitcoin in a positive way without anyone being able to do anything.

You are right fillippone, small country that really don't have sources of generating income should go into Bitcoin investment with consistency and patience it will bring out a very good return for them, I think they should see Bitcoin as there natural resources.
A country that is accumulating Bitcoin with huge amount of money and then decided to hold for 10 to 20 Years will be happy doing so, and this should not just be for small countries big country that has money will be at more advantage because they have the money to accumulate as much Bitcoin as they want.

Some times I just imagine those who has been accumulating Bitcoin since when Bitcoin was $1k and where consistent how happy they will be for doing that and how much more happy those people who where investing with huge amount of money will be.
Every nation as what it takes to invest in Bitcoin in a big way and seeing this opportunity and not taken it is very risky to the economy.

Exactly, look at El Salvador a poor and small country was able to act smart in 2021 to start accumulating one bitcoin every day and currently, they have been able to accumulate 6,190.18btc according to recent reports. This will help boost the country economy in future and will help them eradicate poverty gradually overtime. How I wish that the all the small countries can understand this and create a bitcoin reserve for a brighter future of the country.

[Nothingtodo]

Exactly, look at El Salvador a poor and small country was able to act smart in 2021 to start accumulating one bitcoin every day and currently, they have been able to accumulate 6,190.18btc according to recent reports. This will help boost the country economy in future and will help them eradicate poverty gradually overtime. How I wish that the all the small countries can understand this and create a bitcoin reserve for a brighter future of the country.

Although El Salvador is a small country, the country's president has launched a strategic reserve of Bitcoin since September 25, 2021. El Salvador has issued an important slogan regarding Bitcoin investment, where his country will buy one Bitcoin every day, even among hundreds of problems. But that is being implemented because the IMF is putting a lot of pressure on El Salvador due to the strategic reserve of Bitcoin, yet the president is not deviating from his strategic reserve policy. Other countries should take inspiration from this groundbreaking step by El Salvador.

[fillippone]

Exactly, look at El Salvador a poor and small country was able to act smart in 2021 to start accumulating one bitcoin every day and currently, they have been able to accumulate 6,190.18btc according to recent reports. This will help boost the country economy in future and will help them eradicate poverty gradually overtime. How I wish that the all the small countries can understand this and create a bitcoin reserve for a brighter future of the country.

Although El Salvador is a small country, the country's president has launched a strategic reserve of Bitcoin since September 25, 2021. El Salvador has issued an important slogan regarding Bitcoin investment, where his country will buy one Bitcoin every day, even among hundreds of problems. But that is being implemented because the IMF is putting a lot of pressure on El Salvador due to the strategic reserve of Bitcoin, yet the president is not deviating from his strategic reserve policy. Other countries should take inspiration from this groundbreaking step by El Salvador.

IMF is evil.
IMF people care about IMF people, not about the people of the country where the IMF is intervening.
Also, they never have accountability for their spending. Not that this is a huge problem, since they have de facto infinite funding from member states.

[Fiatless]

IMF is evil.
IMF people care about IMF people, not about the people of the country where the IMF is intervening.
Also, they never have accountability for their spending. Not that this is a huge problem, since they have de facto infinite funding from member states.

Your post reminds me of the news of the IMF questioning Pakistan for allocating 2,000 megawatts of electricity for Bitcoin mining. From the look of things, it seems that the IMF is doing everything possible to stop nations from investing in Bitcoin. They are just tools used by some countries to control others. I agree with your assertion that they are evil.

IMF raises concern over Pakistan’s Bitcoin mining power plan: report

[fillippone]

IMF is evil.
IMF people care about IMF people, not about the people of the country where the IMF is intervening.
Also, they never have accountability for their spending. Not that this is a huge problem, since they have de facto infinite funding from member states.

Your post reminds me of the news of the IMF questioning Pakistan for allocating 2,000 megawatts of electricity for Bitcoin mining. From the look of things, it seems that the IMF is doing everything possible to stop nations from investing in Bitcoin. They are just tools used by some countries to control others. I agree with your assertion that they are evil.

IMF raises concern over Pakistan’s Bitcoin mining power plan: report

While writing this post, I was thinking exactly at that fact.
Pakistan is using their natural resources in a smart way, trying to steer their path toward a better future.
Yet the IMF wants them to pursue the same policies that didn’t work over the last 50 years, so they can perpetuate their (negative) influence.

[ultrloa]

IMF is evil.
IMF people care about IMF people, not about the people of the country where the IMF is intervening.
Also, they never have accountability for their spending. Not that this is a huge problem, since they have de facto infinite funding from member states.

Your post reminds me of the news of the IMF questioning Pakistan for allocating 2,000 megawatts of electricity for Bitcoin mining. From the look of things, it seems that the IMF is doing everything possible to stop nations from investing in Bitcoin. They are just tools used by some countries to control others. I agree with your assertion that they are evil.

IMF raises concern over Pakistan’s Bitcoin mining power plan: report

While writing this post, I was thinking exactly at that fact.
Pakistan is using their natural resources in a smart way, trying to steer their path toward a better future.
Yet the IMF wants them to pursue the same policies that didn’t work over the last 50 years, so they can perpetuate their (negative) influence.

They try but somehow they failed to dictate Pakistan on what they like to happen.

IMF is just a controlling institution and well known for their harsh loans condition which they usually intervene the national decision of government and want to insert their own policies on those countries.

But Pakistan is smart to know what's better for them and for sure that they won't get bothered on the disturbance made by IMF.

For having 42,131 MW for sure that they can sustain their Bitcoin mining  https://www.energyupdate.com.pk/2024/06/12/pakistans-installed-electricity-capacity-reaches-42131mw/

[fillippone]

IMF is evil.
IMF people care about IMF people, not about the people of the country where the IMF is intervening.
Also, they never have accountability for their spending. Not that this is a huge problem, since they have de facto infinite funding from member states.

Your post reminds me of the news of the IMF questioning Pakistan for allocating 2,000 megawatts of electricity for Bitcoin mining. From the look of things, it seems that the IMF is doing everything possible to stop nations from investing in Bitcoin. They are just tools used by some countries to control others. I agree with your assertion that they are evil.

IMF raises concern over Pakistan’s Bitcoin mining power plan: report

While writing this post, I was thinking exactly at that fact.
Pakistan is using their natural resources in a smart way, trying to steer their path toward a better future.
Yet the IMF wants them to pursue the same policies that didn’t work over the last 50 years, so they can perpetuate their (negative) influence.

They try but somehow they failed to dictate Pakistan on what they like to happen.

IMF is just a controlling institution and well known for their harsh loans condition which they usually intervene the national decision of government and want to insert their own policies on those countries.

But Pakistan is smart to know what's better for them and for sure that they won't get bothered on the disturbance made by IMF.

For having 42,131 MW for sure that they can sustain their Bitcoin mining  https://www.energyupdate.com.pk/2024/06/12/pakistans-installed-electricity-capacity-reaches-42131mw/

Using that energy to transform wasted energy into digital wealth, is the best thing Pakistan can do for their own future.
IMF should know that, they probably do (they got the memo from Capitol Hill, probably), yet they don’t want countries to really succeed toward their financial sovereignty.

[As-Soon-As]

Exactly, look at El Salvador a poor and small country was able to act smart in 2021 to start accumulating one bitcoin every day and currently, they have been able to accumulate 6,190.18btc according to recent reports. This will help boost the country economy in future and will help them eradicate poverty gradually overtime. How I wish that the all the small countries can understand this and create a bitcoin reserve for a brighter future of the country.

Although El Salvador is a small country, the country's president has launched a strategic reserve of Bitcoin since September 25, 2021. El Salvador has issued an important slogan regarding Bitcoin investment, where his country will buy one Bitcoin every day, even among hundreds of problems. But that is being implemented because the IMF is putting a lot of pressure on El Salvador due to the strategic reserve of Bitcoin, yet the president is not deviating from his strategic reserve policy. Other countries should take inspiration from this groundbreaking step by El Salvador.

IMF is evil.
IMF people care about IMF people, not about the people of the country where the IMF is intervening.
Also, they never have accountability for their spending. Not that this is a huge problem, since they have de facto infinite funding from member states.

The IMF people have made El Salvador and Pakistan face a lot of accountability instead of the loans they are lending to. Because the governments of Pakistan and El Salvador know that only by making Bitcoin a strategic reserve can they become economically self-sufficient.
But the IMF, a lending institution, cannot tolerate such success. Because if they do not receive loans from them again in the future, that is why the IMF is repeatedly preventing the creation of Bitcoin reserves.

[Don Pedro Dinero]

META shareholders yesterday voted massively against adding Bitcoin to the company Treasury calling it unnecessary.

<...>

They are heavily investing on AI and maybe for now they think that this would could bring a lot of profits from their company.

<...>

This is not surprising. It's like Microsoft. The largest companies in the world, with huge cash flows do not see bitcoin as a necessity or an opportunity, as they are already immensely wealthy. The ones that are seeing an opportunity are the ones that are in trouble, and by the time any of the magnificent 7 decide to buy bitcoin it will be too late (I think by then, Strategy and possibly others will have eaten them).

[ultrloa]

IMF is evil.
IMF people care about IMF people, not about the people of the country where the IMF is intervening.
Also, they never have accountability for their spending. Not that this is a huge problem, since they have de facto infinite funding from member states.

Your post reminds me of the news of the IMF questioning Pakistan for allocating 2,000 megawatts of electricity for Bitcoin mining. From the look of things, it seems that the IMF is doing everything possible to stop nations from investing in Bitcoin. They are just tools used by some countries to control others. I agree with your assertion that they are evil.

IMF raises concern over Pakistan’s Bitcoin mining power plan: report

While writing this post, I was thinking exactly at that fact.
Pakistan is using their natural resources in a smart way, trying to steer their path toward a better future.
Yet the IMF wants them to pursue the same policies that didn’t work over the last 50 years, so they can perpetuate their (negative) influence.

They try but somehow they failed to dictate Pakistan on what they like to happen.

IMF is just a controlling institution and well known for their harsh loans condition which they usually intervene the national decision of government and want to insert their own policies on those countries.

But Pakistan is smart to know what's better for them and for sure that they won't get bothered on the disturbance made by IMF.

For having 42,131 MW for sure that they can sustain their Bitcoin mining  https://www.energyupdate.com.pk/2024/06/12/pakistans-installed-electricity-capacity-reaches-42131mw/

Using that energy to transform wasted energy into digital wealth, is the best thing Pakistan can do for their own future.
IMF should know that, they probably do (they got the memo from Capitol Hill, probably), yet they don’t want countries to really succeed toward their financial sovereignty.

And also they are not only targeting to earn from Bitcoin mining only but also they are aiming to generate more jobs for their citizens and also acquired billions from foreign investments. Imagine if they succeed for sure that this could bring good help to boost their economy.

I guess IMF won't like this because if Pakistan would became sustainable due to this matter IMF might became irrelevant to them. They provably don't want countries to succeed because they will totally lose their control also profit from them.

Its really great for Pakistan to take a good step for legalizing crypto before and aim to became the top crypto hub in asia https://crypto2community.com/crypto-news/pakistan-plans-to-legalize-crypto-to-attract-foreign-investment/

[babo]

the thing that amuses me a lot about IMF is that in the end it is the armed wing of the USA, in my opinion, free to criticize and insult me

in the end they print the money and they decide whether and how to lend it to you as long as you do certain things
something doesn't add up in this situation

for this reason I perceive bitcoin as a way to eliminate this self-proclaimed power and by now I think that many have understood the game they are playing

[Popkon6]

Lone Star ledger: Texas clears final hurdle for Bitcoin reserve fund
The Texas Senate has approved the conference committee report for Senate Bill 21 by a decisive 24-7 margin. This move has cleared the final legislative hurdle for the state’s proposed Bitcoin reserve fund.

Source link: https://crypto.news/texas-clears-hurdle-lone-star-bitcoin-reserve-fund/

I think that Texas will not face any obstacles in creating a Bitcoin strategic reserve, because they have been successful in all areas and have been successful in the current time and even in winning the election. They are now ready to create a Bitcoin strategic reserve.

[franky1]

Using that energy to transform wasted energy into digital wealth, is the best thing Pakistan can do for their own future.
IMF should know that, they probably do (they got the memo from Capitol Hill, probably), yet they don’t want countries to really succeed toward their financial sovereignty.

And also they are not only targeting to earn from Bitcoin mining only but also they are aiming to generate more jobs for their citizens and also acquired billions from foreign investments. Imagine if they succeed for sure that this could bring good help to boost their economy.

I guess IMF won't like this because if Pakistan would became sustainable due to this matter IMF might became irrelevant to them. They provably don't want countries to succeed because they will totally lose their control also profit from them.

IF countries are self sustainable financially it makes the IMF irrelevant. so ofcourse the IMF will do anything and everything in their power to remain relevant. they want countries to be reliant on the IMF

the funny thing though, by saying a country cant use the IMF if the country uses crypto, is where the IMF making themselves irrelevant/defunct
what the imf should be trying, is all tricks to get countries to still continue to use the IMF even if the countries uses other assets.. not the opposite

its like saying silly things like, if you drink water you cant use the gym.. well people will continue to drink water, so the gym goes out of business by this silly rule
the IMF is at a losing position by trying to prohibit countries access to the IMF if they use crypto.
 
countries can instead just do direct trade deals with other countries without the IMF middle man, if countries need financial support

just look at america right now, trying to deal with the deficit. and doing so by doing its own trade deals with each country individually rather than using the IMF
and the IMF cant do anything about america's usage of crypto

[Soft Crem]

Corporate Reserves Hit Overdrive as Suits Can’t Stop Buying Bitcoin

Bitcoin 2025 broke records, but the real story was the corporate Bitcoin buying spree.

Tomorrow’s newsletter breaks it all down followed by a livestream with @_Rob_Wallace and @LanternBitcoin.




https://x.com/BitcoinNewsCom/status/1929336614133649893?t=4ZSDPWeuC5q46vfvBVeLDg&s=19

[Lida93]

IMF is evil.
IMF people care about IMF people, not about the people of the country where the IMF is intervening.
Also, they never have accountability for their spending. Not that this is a huge problem, since they have de facto infinite funding from member states.

IMF is to the least developing nations of the world the devil himself. Nothing they do for real charity as they claim. They give with the right hand and take with the left.  The IMF don't put in their funds where they have nothing to benefit from. It's a tool of economic control to the developing nations by the advance countries of the West, typical empowered to make these other countries subservient and dependant by means of the economic policies they introduce as conditions for borrowing despite how naturally endowed those LDC's might be.

[Dimitri94]

The world's largest companies are reserving Bitcoin and there are some companies that are in the process of reserving Bitcoin, one of them is going to be Hong Kong's Reitar Logtech which plans to reserve $1.5 billion in Bitcoin. Reitar Logtech is a Hong Kong-based logistics and real estate company that now plans to hold Bitcoin as its asset. Their activities will definitely inspire other such companies.

Several Hong Kong companies have planned this, such as Hong Kong Asia Holdings, Meitu, OSL Group, and with the addition of logistics and real estate developer Reitar Logtech, I think the country will have some more companies.



Info: https://x.com/BitcoinNewsCom/status/1929575165353926976?t=1LW5kfThmxMyi0WbrpOxoQ&s=08

[JayJuanGee]

META shareholders yesterday voted massively against adding Bitcoin to the company Treasury calling it unnecessary.
<...>

They are heavily investing on AI and maybe for now they think that this would could bring a lot of profits from their company.
<...>

This is not surprising. It's like Microsoft. The largest companies in the world, with huge cash flows do not see bitcoin as a necessity or an opportunity, as they are already immensely wealthy. The ones that are seeing an opportunity are the ones that are in trouble, and by the time any of the magnificent 7 decide to buy bitcoin it will be too late (I think by then, Strategy and possibly others will have eaten them).

Many of them (including within the Mag7) would have quite difficult times catching Saylor, since it would be quite difficult for any company, even the really big ones, actually being able to accumulate more than 500k bitcoin.  There just aren't that many bitcoin available and for sale... Sure more and more bitcoin come available as the BTC price goes up.. so there is that angle in regards to how much 500k plus bitcoin is going to cost anyone who really would like to catch up to Saylor... and of course, at the same time, they are striving to catch up with him, he is laughing his way to the bank.. since his bags would be being pumped in such BTC acquisition process.. which is already happening from a variety of smaller companies... sure Tether is nothing to sneeze at, yet are they actually going to acquire 500k plus bitcoin to just hold?  And other companies are going to have similar goals? and be able to carry out such high quantity bitcoin acquisition goals if they were to create such goals.

the thing that amuses me a lot about IMF is that in the end it is the armed wing of the USA, in my opinion, free to criticize and insult me

in the end they print the money and they decide whether and how to lend it to you as long as you do certain things
something doesn't add up in this situation

for this reason I perceive bitcoin as a way to eliminate this self-proclaimed power and by now I think that many have understood the game they are playing

Many have likely realized the game that they are playing, yet find it difficult to both identify a way out and then to be able to follow through with the way out.  Surely getting involved in bitcoin could be a way out, yet it still takes a lot of discipline to build up a bitcoin reserve and then to spend within their means, even for any country that might be wanting to get out of the grasp of the IMF.