@Meta shareholders have decisively voted down a proposal to add @Bitcoin to the company’s reserves, with over 99% of votes cast in opposition. The vote follows similar outcomes at Amazon and Microsoft, where shareholders also turned down proposals for crypto-based treasury strategies.
The result underscores continued resistance among major U.S. corporations to embrace $BTC as a reserve asset—despite increasing adoption by fintechs and institutional investors. It also highlights a cautious stance toward volatility, regulatory ambiguity, and reputational risks still associated with crypto holdings.
While Bitcoin has made significant inroads in mainstream finance, the shareholder vote reflects broader hesitation to integrate it into traditional corporate balance sheets.
Will any major corporation break ranks and embrace Bitcoin on its balance sheet?
#Bitcoin #Meta #CryptoTreasury #CorporateFinance #BTC