Meta shareholders rejected a proposal to explore adding Bitcoin to the company’s $72 billion treasury, despite growing investor interest in crypto assets.
Proposal argued Bitcoin's fixed supply and inflation-hedging potential could better preserve shareholder value than cash and bonds.
Meta's board opposed the initiative, citing existing treasury strategies and deeming a Bitcoin evaluation unnecessary.
While Meta did not pursue adding Bitcoin to its treasury, the company is exploring stablecoins for global payouts to re-enter the crypto space.