Nick Tomaino Flags Concerns Over Saylorâs Voting Power in Strategy
Nick Tomaino, founder of 1confirmation, has raised concerns over the governance structure at Strategy. He noted that despite holding just 10% of the companyâs shares, Michael Saylor controls 45% of the voting power. This is notable as Strategy owns 3.3% of Bitcoinâs total supply, giving Saylor immense influence while also being one of Bitcoinâs most vocal advocates. Tomaino suggested Wall Street is uneasy about Saylorâs growing dominance. In contrast, Ethereum projects like SBET, ETHZ, and GAME show healthier decentralization, making institutions and the public more likely to favor Ethereumâs structure over Bitcoinâs concentration.
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