- Meta shareholders reject Bitcoin treasury proposal at annual meeting.
- No shift in Meta’s cash strategy.
- Bitcoin’s corporate adoption narrative remains unaffected.
Meta’s decision underscores the persistent resistance among mega-cap companies to integrate Bitcoin into their treasuries, reflecting broader corporate hesitance despite institutional advocacy.
During Meta’s annual meeting, shareholders decisively opposed the initiative to incorporate Bitcoin into the corporation’s treasury. The proposal was rendered insignificant, receiving less than 0.1% of votes in favor. Meta Platforms, Inc., led by Mark Zuckerberg, has consistently demonstrated a cautious approach to cryptocurrency integration, opting to preserve its substantial $72 billion in cash and equivalents.
The rejected proposal was spearheaded by Ethan Peck of the National Center for Public Policy Research, arguing for Bitcoin as a potential inflation hedge. Matt Cole, during the Bitcoin 2025 Conference, encouraged Meta to consider a bold Bitcoin treasury strategy. The decision underscores this:
“Urged Meta CEO Mark Zuckerberg during the 2025 Bitcoin Conference to endorse a bold corporate Bitcoin treasury approach and vote yes on Proposal 13.”
Meta’s decision to dismiss the proposal maintains its current treasury asset strategy, marking a continued adherence to traditional corporate financial strategies.
The proposal’s failure illustrates ongoing reluctance among large-cap tech companies to adopt Bitcoin in their treasuries. Bitcoin saw no on-chain activity or liquidity impact post-vote, indicating limited influence on its market dynamics. The rejection aligns with similar outcomes from Microsoft and Amazon, bucking trends set by companies like MicroStrategy.
Despite high-profile advocacy, no movements in Bitcoin’s price or market perception occurred, suggesting limited volatility or market shocks. The decision serves as another instance of resistance to crypto adoption among major corporations. Elusive corporate adoption remains, as Meta continues to exclude Bitcoin from its financial strategy, reflecting broader skepticism among industry titans. The proposal’s rejection maintains the status quo in the corporate crypto integration narrative.
