Meta shareholders overwhelmingly oppose the proposal to include Bitcoin in reserves "
According to online reports and comprehensive foreign media reports, shareholders of Meta Platforms(META.O) voted against the proposal to include Bitcoin in the company's finances at this week's annual meeting. According to reports, more than 4.9 billion shares voted against the move, with only 3.92 million shares supporting it. Following Microsoft's push to mainstream Bitcoin a few months ago, Meta Platforms has become the latest major technology company to consider putting pressure on shareholders to include Bitcoin in its assets. However, like Microsoft, shareholders voted down the proposal due to concerns about volatility. The proposal was submitted by investor Ethan Peck, a representative of the National Center for Public Policy Research, who suggested that the company study the possibility of converting some of its cash and bonds into Bitcoin to better safeguard shareholder value.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.