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$Meta (Formerly Facebook) Shareholder Submits Bitcoin Investment Proposal

  • A shareholder of Meta (formerly Facebook) has submitted a proposal for the company to consider investing in Bitcoin for its $72 billion treasury.
  • The shareholder, Ethan Peck, submitted the proposal on behalf of his family's shares.
  • Similar proposals were previously submitted by the National Center for Public Policy Research for Microsoft and Amazon.
  • Microsoft rejected the Bitcoin investment proposal, citing price volatility and the need for stable investments.

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