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Meta Shareholders Reject Bitcoin Treasury Plan, Zuckerberg Too

Meta Shareholders Reject Bitcoin Treasury Plan, Zuckerberg Too

Theautonewspaper.com by Theautonewspaper.com
3 June 2025
in Blockchain & Web3
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Meta shareholders have voted down a proposal so as to add Bitcoin to the corporate’s stability sheet, and CEO Mark Zuckerberg was possible amongst them.

There have been simply 3.92 million votes in favor of the proposal, put ahead by BTC advocate and Attempt director Ethan Peck in January, and over 5 billion towards, in accordance with a Could 28 regulatory submitting.

Mark ZuckerbergMark Zuckerberg

Mark Zuckerberg Seemingly Voted Towards Including Bitcoin To Meta’s Steadiness Sheet

With Meta CEO Mark Zuckerberg controlling over 61% of the corporate’s voting energy, in accordance with an April regulatory assertion, it appears he was amongst those that voted towards the proposal

Meta shareholders voted towards including Bitcoin to the corporate’s stability sheet.
..

This may circle again, #Meta will ultimately add #Bitcoin to their stability sheet. Simply wait on it. It solely means they’ll find yourself shopping for it at the next value … 🤐 pic.twitter.com/idWzx08GbH

— Cesar Sanchez (@Cesarsanchez_co) June 2, 2025

Peck had referred to as on Meta to take a position a portion of its $72 billion money and money equivalents into Bitcoin, arguing it will assist the corporate hedge its reserves towards inflation.

“Since money is persistently being debased and bond yields are decrease than the true inflation price, 28% of Meta’s complete belongings are persistently diminishing shareholder worth,” he argued in his supporting assertion.

He added that Meta’s second-largest shareholder, BlackRock, has beforehand stated {that a} 2% BTC allocation is affordable for a corporation.

Amazon Vote Looms After Microsoft, Meta Rejections

The Meta proposal just isn’t the primary put ahead by Peck. He additionally pitched the thought to Microsoft and Amazon shareholders on behalf of the conservative suppose tank, the Nationwide Heart for Public Coverage Analysis (NCPPR).

Microsoft shareholders rejected the proposal in December. With Meta’s backers doing the identical, the market will likely be turning its consideration to Amazon. The tech big’s shareholders are presently awaiting a vote on whether or not the corporate ought to allocate not less than 5% of the corporate’s belongings to Bitcoin.

Regardless of Microsoft and Meta selecting to depart Bitcoin off their stability sheets, information from BitcoinTreasuries exhibits 116 different firms have added BTC to their respective stability sheets to this point.

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Tags: BitcoinMetaPlanRejectshareholdersTreasuryZuckerberg
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