95% of dollar shareholders hope that it has nothing to do with Bitcoin treasury

95% of Meta shareholders hope that it has nothing to do with the Bitcoin Treasury that originally appeared on The Street.

At Meta Platforms’ annual shareholder meeting on May 30, shareholders overwhelmingly opposed the proposal to add Bitcoin to the platform’s balance sheet, a trend that has become widespread in recent months.

Shareholder proposal 13, an investor representing the National Center for Public Policy Research, includes a proposal to convert some of the company's cash and sellable securities into bitcoin as an inflation hedge, and due to lower bond yields.

Yuan shareholders refused to propose 13, with 4.98 billion votes on Bitcoin's fiscal plan.

However, the voting statistics show that the proposal has a turnout of 4,980,828,562 shares (about 95%), with only 3,916,871 shares in favor. In addition, 8,857,588 shares were abstained from the abstention, 204,772,865 shares were considered as broker non-voting.

“Although we do not consider the advantages of cryptocurrency investment compared to other assets, we believe the required assessment is unnecessary,” Meta’s board said.

According to Bitcoin News, in 2025, Competing Asset Management CEO Matt Cole said: "You have completed the first step. You have named Goat Bitcoin." Chief Executive Officer Mark Zuckerberg addressed Mark Zuckerberg: "My problem is that you take the second step and adopt a bold corporate Bitcoin treasury strategy."

Meta's announcement, consistent with other tech giants, most notably Microsoft and Amazon, has rejected any requests to add Bitcoin to its Treasury reserves.

However, META has begun re-entering the cryptocurrency market and has looked at Stablecoins that integrates USDC and USDT (USDT) for payments and cross-border transactions by content creators, according to Forbes.

But Meta Communications Director Andy Stone posted on X, “To be clear: As Mark said (as the story points out), Diem is dead. There is no Meta Stablecoin, “referring to the Libra Association, which attempts to create a payment system similar to Stablecoin in 2019.

At press time, Meta's stock traded at $668.17, up 3.19% over the past 24 hours.

95% of the dollar shareholders hope to have nothing to do with the Bitcoin Treasury, first appeared on TheStreet on June 2, 2025

The story was first appeared on June 2, 2025 by TheStreet.