Meta Platforms Rejects Bitcoin Treasury Proposal
- Meta Platforms rejects Bitcoin proposal at 2025 annual meeting.
- Board maintains current $72 billion treasury management.
- Rejection echoes decisions by Microsoft and Amazon.
Meta Platforms declined a shareholder proposal to incorporate Bitcoin into its corporate treasury during its 2025 annual meeting.
This decision impacts market optimism for corporate Bitcoin adoption, maintaining a trend among major companies.
Meta Board Rejects Bitcoin for Treasury Portfolio
During Meta’s 2025 annual meeting, shareholders debated the proposal to add Bitcoin to the treasury. The board released a statement highlighting no need for changes to current treasury management.
Meta, led by CEO Mark Zuckerberg, has historically explored digital currencies, but the board believes in existing processes. The proposal was brought by Ethan Peck, a known policy advocate.
Meta Aligns with Microsoft, Amazon on Treasury Choices
No funding will be allocated to Bitcoin, leaving the $72 billion treasury unexposed to crypto assets. Market sentiment may see a decline in immediate expectation.
Financially, the decision keeps Meta aligned with Microsoft and Amazon, who have similarly rejected crypto treasury proposals. This could deter other firms from exploring Bitcoin reserves.
Historical Reluctance: Meta and Crypto Asset Strategies
Meta’s decision aligns with previous rejections by major corporations like Microsoft and Amazon, reflecting hesitance to adopt cryptocurrency in treasuries even amid increasing Bitcoin visibility.
Experts believe Meta’s decision could retain focus on traditional asset management, though some, like Matt Cole, advocate a bolder approach for future corporate leaders. Matt Cole, CEO of Strive Asset Management, remarked, “I urge Meta’s CEO to take a bold corporate Bitcoin treasury approach,” during the 2025 Bitcoin Conference.
Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |