RE: Microsoft Shareholders Vote Against Adopting Bitcoin Strategy
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From MicroStrategy to Microsoft was too big a leap. I bet the next corporation to adopt a Bitcoin treasury will be a boring low-tech company with a dominant owner-CEO. Not a cult leader like Saylor, but a moderate libertarian who'll want to hedge against inflation by putting 10% of their reserves in Bitcoin.
For high-tech companies, the challenge is that there's no leading cryptocurrency they could use to develop financial solutions. Bitcoin doesn't have the capacity for payments, Solana can't be considered reliable until they go two years without an outage (last one was in February 2024), and Ethereum tokens have a fundamentally insecure design. Other coins don't have the market cap and dev talent to be taken seriously by major players.
Litecoin is another option.