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06/19 06:41

Meta Joins Microsoft, Amazon in Dismissing Bitcoin

Meta Joins Microsoft, Amazon in Dismissing Bitcoin Treasury Despite Investor Push

Meta firmly rejected a bold shareholder push to adopt bitcoin as a treasury asset, signaling strong resistance to crypto integration despite mounting institutional interest and rising bitcoin momentum.
Meta Rejects Bitcoin Treasury Proposal Amid Strong Shareholder Opposition
Meta Platforms Inc. declined a shareholder-backed initiative to explore adding bitcoin to its corporate treasury during its annual meeting on May 28. Shareholders voted on fourteen proposals, all of which were detailed in a prior filing with the U.S. Securities and Exchange Commission (SEC) dated April 17. Participation was substantial, with 92.61% of the combined voting power of Class A and Class B shares represented, ensuring a quorum for the proceedings.
The bitcoin-related proposal drew notable attention, as it mirrored similar efforts .IMG_20250617_121341_142.jpg
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