Just 0.1% of Meta shareholders backed a proposal to add Bitcoin to its treasury, joining Amazon and Microsoft in making similar decisions. Here’s what investors are saying.
Meta’s decisive shareholder vote rejected the idea of adding Bitcoin (BTC) to its balance sheet, aligning with similar moves by Microsoft and Amazon in similar decisions. According to an SEC filing, just 0.1% of shareholders voted in favor, while 95% voted against. For some, this suggests that tech firms are still lagging in Bitcoin adoption.