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Meta Shareholders Deliver Brutal Verdict: Bitcoin Treasury Proposal Crushed in Landslide Vote

Meta Shareholders Deliver Brutal Verdict: Bitcoin Treasury Proposal Crushed in Landslide Vote

Cryptoslate
Release Time:
2025-05-30 21:45:59
0

Meta shareholders reject Bitcoin treasury bid in landslide vote

Wall Street meets crypto—and promptly slams the door. Meta’s shareholders just sent a clear message: keep your Bitcoin fantasies off our balance sheet.

The vote wasn’t even close. A resounding rejection of the proposal to allocate corporate cash into Bitcoin—proving that even tech giants can’t charm traditional investors into swallowing crypto’s volatility pill.

Funny how ’disruptive innovation’ suddenly loses its appeal when it might dent next quarter’s earnings. Priorities, people.

Outside advocates pressed Zuckerberg

The ballot followed public lobbying from Strive Asset Management CEO Matt Cole, who called Meta CEO Mark Zuckerberg during the 2025 bitcoin Conference, urging a “” and endorsing a “yes” vote on Proposal 13. 

On the same day, Bloomberg senior ETF analyst Eric Balchunas said Meta could become the first US megacap to add Bitcoin this cycle, suggesting such a move WOULD signal broader corporate acceptance.

Prior attempts to sway Microsoft and Amazon shareholders toward similar steps have also failed, highlighting the hurdles Bitcoin advocates face when targeting large-cap firms with conventional treasury frameworks.

The vote leaves Meta’s treasury unchanged, but it confirms that crypto proponents will likely continue pressing US blue-chip boards to revisit digital-asset policies as regulatory clarity improves.

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