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coinpedia 2025-01-11 07:07:41

Will Meta Embrace Bitcoin? Shareholder Pushes for Bold Treasury Move

The post Will Meta Embrace Bitcoin? Shareholder Pushes for Bold Treasury Move appeared first on Coinpedia Fintech News A new proposal urges Meta to consider Bitcoin a strategic treasury asset. The proposal is submitted by Ethan Peck, a National Center for Public Policy Research shareholder, highlighting Bitcoin’s potential to outpace inflation and safeguard corporate finances. This move reflects growing advocacy for Bitcoin adoption among major corporations. Proposal to Adopt Bitcoin The National Center, a Washington-based think tank, has been actively advocating for corporations to adopt Bitcoin as a hedge against inflation and its potential to outperform traditional assets like cash and bonds. A #Bitcoin Treasury Shareholder Proposal has been submitted to Meta. The shareholder, Ethan Peck, who is an employee at The National Center for Public Policy Research – the organization that submitted to $MSFT & $AMZN – informed me he submitted on behalf of his family’s shares. pic.twitter.com/KrAKw7nHwp — Tim Kotzman (@TimKotzman) January 10, 2025 Notably, similar proposals were presented to major companies like Microsoft and Amazon. In December 2024, their initiative gained support from MicroStrategy Chairman Michael Saylor, who noted Bitcoin’s robustness against inflation. However, in its submission to Meta, the National Center cited examples of successful corporate Bitcoin adoption, including MicroStrategy , whose stock has surged by 2,191% in the past five years. The proposal also pointed to the increasing institutional recognition of Bitcoin, with developments such as BlackRock’s Bitcoin ETF gaining traction. Aligning with Meta’s Vision Meta has long been recognized for its forward-thinking approach to technology. The proposal notes the alignment of Bitcoin adoption with Meta’s innovative legacy. The company’s leadership, including CEO Mark Zuckerberg and board member Marc Andreessen, has previously shown interest in blockchain and cryptocurrency technologies. The shareholder proposal argues that adopting Bitcoin would further Meta’s reputation as a leader in innovation and financial resilience. Call for Strategic Assessment With Bitcoin’s fixed supply and growing institutional adoption, proponents believe Meta could lead the corporate Bitcoin movement. If accepted, the proposal could mark Meta as one of the first tech giants to integrate Bitcoin into its financial strategy, joining a growing list of companies using Bitcoin to safeguard their treasuries.

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