Major tech firm Dell Technologies has rejected a proposal to incorporate Bitcoin into its financial strategy. The company’s decision to reject a shareholder proposal advocating for the inclusion of Bitcoin on Dell’s balance sheet follows an earlier proposal by the National Center for Public Policy Research (NCPPR). This NCPPR proposal highlighted Bitcoin as a potential hedge against inflation and argued that it holds greater long-term value compared to traditional assets like bonds or cash. However, Dell emphasized that the decision regarding asset management and cash allocation rests with the board of directors. In a statement released to the SEC, Dell asserted that their internal management teams are best equipped to make decisions concerning investments, emphasizing the importance of autonomy for operational efficiency. The Securities and Exchange Commission (SEC) has expressed its support for Dell’s position by siding with the company’s request to remove the Bitcoin proposal from its 2025 shareholder meeting. According to the SEC, management holds complete control over cash allocation and decisions regarding investments, not shareholders.