Meta shareholders reject Bitcoin reserve proposal with an overwhelming majority

Meta shareholders reject Bitcoin reserve proposal with an overwhelming majority


Meta Platforms will not join the list of companies that Bitcoin will add to their balance sheets – at least not for the time being.

At the company's last general meeting, the investors decidedly rejected a proposal that provided the admission of BTC to the Meta corporate fund.

Despite the increasing dynamics in the introduction of Bitcoin in institutions, the proposal did not find a majority: almost 5 billion stocks voted against it, less than 4 million. More than 8 million shareholders abstained from the voice, while over 200 million broker votes were not given.

The proposal asked META to check Bitcoin as a potential strategic reserve assets, referring to the increasing interest of institutional investors in digital currencies. However, the vote shows that most investors are not willing to accept such a realignment of the technology giant's financial strategy.

The initiative was publicly supported by Matt Cole, CEO of Strive Asset Management, who turned directly to Mark Zuckerberg at the Bitcoin 2025 conference. In allusion to a viral moment when Zuckerberg called his house goat “Bitcoin”, Cole joked that the first step was already taken.

However, since the proposal has been rejected, Meta will continue to manage its reserves through more traditional assets and thus differ from companies that begin to integrate Bitcoin into their financial transactions.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.


Telegram



Source link

Jayd Johnson