Key dealers
- Meta shareholders made almost 5 billion votes against adding bitcoin to the company’s reserves.
- The rejected proposal means that META will not evaluate Bitcoin acquisition policy.
Shareholders in Mark Zuckerberg’s Meta voted down a proposal to assess to add Bitcoin to the company’s tax chamber during its annual meeting this week.
The results, which were shared by Phoenixnews on Friday, also showed that about 8.9 million shares were interest rates and almost 205 million shares were brokers non-votes.
Meta platforms shareholders vote against Bitcoin Treasury Assessment suggestions pic.twitter.com/zuhq2ok
– Phoenix »Phoenixnews.io (@Phoenixnewsio) May 30, 2025
The proposal, submitted By the investor Ethan Peck, representing the National Center for Public Policy Research (NCPPR), asked Meta to evaluate whether the conversion of some of its cash and bonds to Bitcoin would better preserve the value of the shareholder.
As of September 30, 2024, Meta had $ 72 billion in cash, equivalent and turnover securities, which the proposal’s claims are eroded by inflation and low returns. The action presents Bitcoin, with its fixed supply and strong previous performance compared to bonds, as a more reliable long -term value store.
The notification also pointed to increased momentum in institutional Bitcoin adoption, including the strategy’s aggressive bitcoin acquisition, Blackrock’s approval of a 2% bitcoin allocation and speculation on potential US federal and state Bitcoin reserves 2025.
In addition, it noted that Meta’s leadership has shown informal signals about interest. Zuckerberg called famous his goats “Bitcoin” and “Max” and board member Marc Andreessen sit on the board of Coinbase.
However, Metas Board opposed the resolution and called it unnecessary.
In response to the proposal, the company’s board stated that META already has a robust Treasury management process, which prioritizes capital preservation and liquidity to support the business.
The Board added that META regularly evaluates a wide range of investable assets and did not see a need for a separate assessment focused on Bitcoin.
“Although we do not think about the benefits of Cryptocurrency investments compared to other assets, we believe that the requested assessment is unnecessary in view of our existing processes for managing our corporate fund,” Meta’s board noted in a statement.
NCPPR has urged several large companies, including Microsoft and Amazon, to adopt Bitcoin as a Treasury. However, none of these efforts have succeeded so far.
In December 2024, Microsoft shareholders Rejected An NCPR-supported proposal that required to add bitcoin to the company’s balance sheet as a way to diversify the profit and mitigate financial risks.
Nevertheless, a growing number of listed companies includes Bitcoin in their state strategies.
There is also a rising trend of industry players and large companies that work together to launch bitcoin-focused business companies that are dedicated to gathering bitcoin and building infrastructure around it.
Meta eyes stablecoin over bitcoin
Although Bitcoin may not be on Meta’s immediate agenda, the company seems to show renewed interest in Stablecoins, along with its ongoing pressure into AI.
According to Forbes, Meta has explored integration of stablecoins into their platforms for global payments and hold discussions at an early stage with crypto -infrastructure companies.
This would highlight the re -entry into the crypto space after its output from the sector after regulatory declines with its Diem project. This first effort focused on exploiting Stablecoins for cross -border payments, in order to provide a cheaper, faster alternative to traditional financial systems.