What percentage of Meta's treasury will be allocated to Bitcoin by the end of 2025?
0% (Proposal Rejected) • 25%
Up to 1% • 25%
1% to 2% • 25%
More than 2% • 25%
Meta Platforms Inc. financial statements or official announcements
Meta Shareholders Propose Bitcoin Treasury Addition Amid $72 Billion Cash Reserves, Backed by BlackRock
Jan 10, 2025, 08:32 PM
Meta Platforms Inc., with a market valuation of $1.55 trillion, is facing a shareholder proposal requesting the company to assess the potential benefits of adding Bitcoin to its corporate treasury. The proposal, filed by Ethan Peck on behalf of his family's shares, comes at a time when Meta holds $72 billion in cash reserves, which are said to be 'consistently being debased' due to inflation. Peck has previously submitted similar proposals to Microsoft and Amazon. The proposal suggests that Meta should consider diversifying its cash reserves into Bitcoin, reflecting a growing interest among shareholders in cryptocurrency investments as a hedge against inflation. Additionally, Meta's second largest institutional shareholder, BlackRock, has advised that a 2% Bitcoin allocation is reasonable.
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Less than 1% • 25%
Not Applicable • 25%
More than 5% • 25%
1% to 5% • 25%
Reject Bitcoin • 25%
Add Bitcoin • 25%
Postpone Decision • 25%
No Action Taken • 25%
More than 30% • 25%
Less than 10% • 25%
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20% to 30% • 25%
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Less than 10% • 25%
10% to 25% • 25%
Less than 5,000 BTC • 25%
5,000 to 7,499 BTC • 25%
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7,500 to 9,999 BTC • 25%
Less than 5% • 25%
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More than 10% • 25%
Less than 1% • 25%
1% to 5% • 25%
5% to 10% • 25%
More than 9,000 BTC • 25%
5,000 - 7,000 BTC • 25%
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7,001 - 9,000 BTC • 25%
Exact 5% allocation • 25%
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No Vote Held • 25%
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