SEC permits Dell to dismiss shareholder Bitcoin proposal - WorldNL Magazine

The American technology multinational rejected a shareholder proposal to include BTC in its treasury. Read more

In a relevant turn within the U.S. corporate sector, Dell Technologies has received official approval from the U.S. Stock Exchange and Securities Commission (SEC) to exclude from its next annual meeting a shareholder proposal focused on the adoption of Bitcoin as a treasury asset. This decision, which directly involves the financial strategy of the technological giant, raises new questions about the role of cryptocurrencies within large corporat…

Dell Technologies Rejects Bitcoin Proposal for Treasury Amid SEC Support – Here's Why

The post Dell Technologies Rejects Bitcoin Proposal for Treasury Amid SEC Support – Here’s Why appeared first on Coinpedia Fintech News Dell Technologies, a multi-billion dollar giant company, has said no to adding Bitcoin to its treasury anytime soon. A recent proposal asking the company to consider holding Bitcoin as part of its financial strategy was rejected. And now, the U.S. Securities and Exchange Commission (SEC) has supported Dell’s dec…

Bitcoin Shareholder Proposal Faces Crucial Barrier at Dell: SEC Deems Corporate Treasury Decision Routine

In the ever-evolving landscape where traditional corporate governance meets the disruptive force of digital assets, a recent decision by the US Securities and Exchange Commission (SEC) has caught the attention of both crypto enthusiasts and corporate strategists. The core of the matter involves tech giant Dell Technologies and a shareholder proposal concerning the potential inclusion of Bitcoin in the company’s corporate treasury. This interacti…

SEC permits Dell to dismiss shareholder Bitcoin proposal - WorldNL Magazine

The company's CEO, Michael Dell, previously sparked speculation about a potential Bitcoin investment. Photo: AI/ Crypto Briefing Key Takeaways Shareholders want Dell to embrace Bitcoin, but the SEC rules proposal can be dropped. Dell argued the proposal concerned ordinary business operations and should remain under management's control. The US SEC has granted multi-billion dollar tech firm Dell Technologies permission to exclude a shareholder …

SEC permits Dell to dismiss shareholder Bitcoin proposal - TECHTELEGRAPH

Key Takeaways Shareholders want Dell to embrace Bitcoin, but the SEC rules proposal can be dropped. Dell argued the proposal concerned ordinary business operations and should remain under management’s control. Share this article The US SEC has granted multi-billion dollar tech firm Dell Technologies permission to exclude a shareholder proposal that would have required the company to evaluate Bitcoin as a potential treasury reverse asset, acco…