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Bitcoinist
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Meta Shareholders Slam The Brakes On Bitcoin Plan – Details
- Meta Platforms’ shareholders voted against a plan to hold Bitcoin in its cash reserves.
- Investor Ethan Peck suggested using Bitcoin to protect value due to inflation and low bond returns.
- Meta's board cited solid treasury management and stated there was no need for a separate Bitcoin study.
- Meta seems more interested in stablecoins for global payouts after the failed Bitcoin proposal.
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