Meta Shareholders Reject Proposal to Add Bitcoin to Company Treasury
Meta Platforms Inc. ($META) shareholders have overwhelmingly rejected a proposal to adopt Bitcoin as part of the company’s treasury reserve strategy.
According to official vote tallies, only 0.1% of shareholders supported the motion, while approximately 95% voted against it. Over 204 million shares were recorded as broker non-votes.
The proposal, titled “Bitcoin Treasury Assessment,” aimed to explore adding Bitcoin to Meta’s corporate balance sheet, a move already adopted by companies like MicroStrategy and Tesla in recent years.
However, the shareholder vote reflects broad institutional resistance to crypto-based treasury diversification.
The decision confirms that Meta, for now, will maintain a traditional fiat-based capital management approach, despite growing adoption of digital assets in corporate finance.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
