Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Texas’ Strategic Bitcoin Reserve Passes House, Awaits Governor Sign-Off

May 22, 2025

Bitcoin Price Watch: $2.21 Trillion Market Cap Fuels Momentum

May 22, 2025

XRP Price Prediction in Q2/2025: Bullish Signal

May 22, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Texas’ Strategic Bitcoin Reserve Passes House, Awaits Governor Sign-Off

    May 22, 2025

    Bitcoin Price Watch: $2.21 Trillion Market Cap Fuels Momentum

    May 22, 2025

    Binance scores legal win as UK court partially dismisses Bitcoin SV lawsuit

    May 22, 2025

    ‘You don’t own enough crypto, NFTs’

    May 22, 2025

    Binance scores legal win as UK court partially dismisses Bitcoin SV lawsuit

    May 22, 2025

    Bitcoin tops Amazon market cap on ‘Pizza Day’ as price sets new highs

    May 22, 2025

    Crypto awareness in Singapore hits record 94%, but ownership falls

    May 22, 2025

    Bitcoin ‘looks exhausted’ as next bear market yields $69K target

    May 22, 2025

    Whale buys back ETH holdings after missing $2.6M gain

    May 22, 2025

    Ethereum holders back in profit as ETH price enters ‘crucial area’ for $3K breakout

    May 21, 2025

    Arthur Hayes Gives Portfolio Update, Says ‘Nasty Correction’ Could Be Approaching This Year for Crypto

    May 21, 2025

    Ethereum price gained 90% the last time this indicator turned bullish

    May 20, 2025

    ‘You don’t own enough crypto, NFTs’

    May 22, 2025

    UK court partially dismisses Bitcoin SV investor’s lawsuit against Binance

    May 22, 2025

    Can ChatGPT Trade Crypto for You? Here’s What You Need to Know

    May 22, 2025

    Crypto Trader Books 346x Profit on Solana-Based Altcoin That’s Exploded 71,164% in a Month: Lookonchain

    May 22, 2025

    Texas’ Strategic Bitcoin Reserve Passes House, Awaits Governor Sign-Off

    May 22, 2025

    Bitcoin Price Watch: $2.21 Trillion Market Cap Fuels Momentum

    May 22, 2025

    XRP Price Prediction in Q2/2025: Bullish Signal

    May 22, 2025

    Binance scores legal win as UK court partially dismisses Bitcoin SV lawsuit

    May 22, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    BlackRock & Chainlink: Predicting the Future of Digital Assets!

    May 22, 2025

    Bitcoin Hits New ALL TIME HIGH: Here's WHY (Japan Economy Imploding)

    May 22, 2025

    HURRY: Bitcoin's Move From $110K To $125K Will Be QUICK!!!

    May 21, 2025

    Bitcoin NEW All-Time High! Price Prediction & Bear Trap Alert!

    May 21, 2025

    The Next BIG Crypto Memecoin Just Discovered → Like Finding Dogecoin, Pepe, & Brett EARLY!?

    May 21, 2025
ApeWatcher News
Home » After GameStop (GME) Embraces Bitcoin (BTC), Strive’s Matt Cole Turns HIs Eye to Intuit (INTU)
After GameStop (GME) Embraces Bitcoin (BTC), Strive’s Matt Cole Turns HIs Eye to Intuit (INTU)
News

After GameStop (GME) Embraces Bitcoin (BTC), Strive’s Matt Cole Turns HIs Eye to Intuit (INTU)

CoindeskBy CoindeskApril 15, 20250 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

Matt Cole, CEO of Strive Asset Management, fresh from persuading video retailer GameStop to convert some of its cash reserve into bitcoin (BTC), wrote to urge financial software developer Intuit (INTU) to reverse what he described as “censorship policies” and an “anti-bitcoin bias” that could jeopardize long-term shareholder value.

In an open letter dated April 14 addressed to Intuit CEO Sasan Goodarzi and board Chair Susan Nora Johnson, Cole pointed to a recent incident in which Intuit’s Mailchimp email marketing platform disabled the account of the Trojan Bitcoin Club, a student organization at the University of Southern California, for mentioning the cryptocurrency in emails to its members.

“We are concerned that Intuit’s censorship policies and anti-bitcoin bias threaten to destroy the shareholder value the company has worked so hard to create,” Cole wrote saying he was writing on behalf of his clients, who include Intuit shareholders. Although Mailchimp later reinstated the account following public pressure, Cole said the episode reflects a “broader pattern of deplatforming” that includes bitcoin developers, educators, and businesses.

Cole said such actions expose Intuit, known for its TurboTax tax preparation software and QuickBooks accounting software, to reputational and legal risks, particularly as public concern around tech censorship grows and federal regulators — including the Federal Trade Commission (FTC) — begin investigating platform discrimination based on speech or affiliations.

“Mailchimp’s Acceptable Use Policy is being used as a political weapon, rather than a tool to mitigate legitimate business risk,” Cole wrote, adding that “customers and shareholders alike are starting to question whether Intuit is making decisions based on ideology rather than fiduciary duty.”

The letter called on Intuit to reinstate accounts banned for bitcoin-related content, revise Mailchimp’s content policies to eliminate political considerations. It also urged Intuit to consider adding bitcoin to its corporate treasury as a hedge against artificial intelligence disruption.

“We believe TurboTax, Intuit’s flagship product, has a high risk of being automated away by AI,” Cole wrote. “While we appreciate Intuit’s investments in AI internally, we believe an additional hedge is warranted—and that a bitcoin war chest is the best option available.”

The move follows Coles’ February letter to GameStop, in which he urged the company to convert its $5 billion cash reserve into bitcoin. Since receiving the letter, GameStop confirmed that it will add bitcoin to its balance sheet and has successfully completed a $1.5 billion convertible note offering — positioning itself as one of the first major retailers to align its treasury strategy with what Strive called the “Bitcoin standard.”

The move marked a significant early win for Strive’s broader campaign to reshape corporate finance and governance around what Cole describes as “apolitical excellence” and long-term shareholder value, free from ideological agendas.

Strive Engagement Letter to Intuit (Strive Asset Management)



Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Texas’ Strategic Bitcoin Reserve Passes House, Awaits Governor Sign-Off

May 22, 2025

Bitcoin Price Watch: $2.21 Trillion Market Cap Fuels Momentum

May 22, 2025

Binance scores legal win as UK court partially dismisses Bitcoin SV lawsuit

May 22, 2025

‘You don’t own enough crypto, NFTs’

May 22, 2025

How staking incentivizes trust without burning energy

May 22, 2025

MSTR Launches $2.1 Billion ATM Program for Perpetual Strife Preferred Stock

May 22, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Texas’ Strategic Bitcoin Reserve Passes House, Awaits Governor Sign-Off

May 22, 2025

Bitcoin Price Watch: $2.21 Trillion Market Cap Fuels Momentum

May 22, 2025

XRP Price Prediction in Q2/2025: Bullish Signal

May 22, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.