US EditionMeta Won’t Buy Bitcoin as Shareholders Knock Back Treasury Idea
- Meta shareholders voted overwhelmingly against a May 30, 2025 proposal to explore adding Bitcoin to Meta's corporate treasury during the annual meeting.
- In January, an investor associated with a conservative think tank submitted a proposal urging Meta to explore Bitcoin as a potential hedge against inflation and a tool for diversifying its asset portfolio.
- Nearly 5 billion votes opposed the measure, with fewer than 0.1% of shares supporting it despite public backing from Strive Asset Management's CEO Matt Cole at the Bitcoin Conference.
- Meta possesses $72 billion in liquid assets, and advocates highlighted Bitcoin’s 124% price increase in 2024, contrasting it with weaker bond returns to justify considering it as an investment option.
- The rejection keeps Meta’s treasury unchanged, signals ongoing corporate skepticism toward Bitcoin, and leaves open the possibility of future crypto-related strategies amid evolving market and regulatory conditions.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.24 Articles
24 Articles
Meta Declines Bitcoin Investment After Shareholders Vote
Meta shareholders rejected a proposal to explore holding Bitcoin, with nearly 5 billion votes against the idea. While firms like GameStop and MicroStrategy add Bitcoin, Meta continues to favor traditional cash reserves. A recent Meta shareholder vote revealed that nearly all investors opposed exploring a Bitcoin treasury strategy. The decision follows a formal proposal submitted earlier this year that suggested allocating some of the company’s c…
Meta won’t buy Bitcoin as shareholders knock back treasury idea - WorldNL Magazine
Meta shareholders have overwhelmingly rejected a proposal to assess whether the tech giant should add Bitcoin to its balance sheet.A “Bitcoin treasury assessment” proposal put before shareholders received 3.92 million votes in favor — a mere 0.08% of the total — while nearly 5 billion voters decided against the measure, a May 28 regulatory filing shows. Meta CEO Mark Zuckerberg controls 61% of the company’s voting power, according to an April re…
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