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Home»Security»Meta shareholders also reject the Bitcoin treasure plan, Zuckerberg
Security

Meta shareholders also reject the Bitcoin treasure plan, Zuckerberg

June 3, 2025No Comments3 Mins Read
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Meta shareholders voted to add Bitcoin to the business balance sheet, and CEO Mark Zuckerberg was probably among them.

There were only 3.92 million votes in favor of the proposal, presented by BTC AdvoCate and Strive Director Ethan Peck in January, And more than 5 billion against, according to a regulatory file of May 28.

Mark ZuckerbergMark Zuckerberg

Mark Zuckerberg probably voted against the addition of Bitcoin to the Meta assessment

With the meta-PDG Mark Zuckerberg controlling more than 61% of the company’s voting power, according to an April regulatory declarationIt seems that he was one of those who voted against the proposal

Meta shareholders voted against the addition of Bitcoin to the company’s assessment.
..

It will turn behind, #Meta will eventually add #Bitcoin at their balance sheet. Wait just on it. It only means that they will end up buying it at a higher price… 🤐 pic.twitter.com/idwzx08gbh

– Cesar Sanchez (@cesarsanchez_co) June 2, 2025

Peck had called Meta to invest part of its $ 72 billion in cash and cash in Bitcoin, arguing that it would help the company hide its reserves against inflation.

“Since species are constantly degraded and that bond yields are lower than the real inflation rate, 28% of the total assets of META constantly decrease the value of shareholders,” he said in his declaration of support.

He added that Meta’s second shareholder, BlackRock, previously said that a 2% BTC The allowance is reasonable for a company.

Amazon’s vote is looming after Microsoft, meta-refus

The meta proposal is not the first advance by Peck. He also presented the idea to the shareholders of Microsoft and Amazon in the name of the conservative reflection group, the National Center for Public Policy Research (NCPPR).

Microsoft shareholders rejected the proposal in December. Meta donors do the same, the market turns its attention to Amazon. The shareholders of the technology giant are currently waiting for a vote on whether the company should allocate at least 5% of the company’s assets Bitcoin.

Despite Microsoft and Meta who choose to leave the bitcoin of their balance sheets, data Bitcointheries show that 116 other companies have added the BTC to their respective balance sheets so far.

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