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Meta Shareholders Reject Bitcoin Treasury Proposal

Solomon M. by Solomon M.
May 31, 2025
in Latest News
Key Points:
  • Meta shareholders reject Bitcoin treasury proposal.
  • No market impact observed.
  • Microsoft previously rejected similar proposals.
meta-shareholders-reject-bitcoin-proposal
Meta Shareholders Reject Bitcoin Proposal

Meta shareholders voted against a proposal urging the company to allocate part of its $72 billion cash reserves to Bitcoin as an inflation hedge.

Proposal Rejection

Ethan Peck, affiliated with the National Center for Public Policy Research, proposed this during Meta’s shareholder meeting. Peck urged Meta to consider Bitcoin amidst inflation concerns, but the proposal was voted down.

I urge Meta to allocate a portion of its substantial cash reserves to Bitcoin as an inflation hedge.

The rejection keeps Meta’s treasury strategy unchanged, having no immediate impact on crypto markets or on-chain metrics. Major crypto figures have yet to comment on this decision. Similar proposals were previously rejected at companies like Microsoft, highlighting ongoing corporate skepticism towards Bitcoin as a treasury asset.

Meta might explore technological avenues or partnerships influenced by blockchain potentials, despite the current Bitcoin stance. Future endeavors depend on evolving market demands and regulatory shifts, weighing organizational strategies on crypto adoption.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

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