Marty Bent Profile picture
Founder @TFTC21. Co-Founder @rabbitholerecap. Co-Founder @TheStandardBTC. Partner @ten31vc. Director @CathedraBitcoin. #bitcoin We're going to win.

Jul 14, 2021, 8 tweets

BlackRock, Vanguard, and other index fund providers are scooping up a large portion of shares offered by publicly traded companies dealing with Bitcoin.

Will they use their voting power to influence business operations?

rogerlowenstein.substack.com/p/exit-voice-b…

$MARA

$RIOT

$MSTR

$SQ

Again, this isn't an indictment of these companies, but the influence these fund providers can have over board rooms and the business decision making process.

We better hope the board voting structure of these companies is set up in a way that the founders have control.

Share this Scrolly Tale with your friends.

A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.

Keep scrolling