Bitcoin Rejected by Meta Microsoft Amazon

Meta Rejects Bitcoin Treasury Proposal Amid Shareholder Opposition

• Meta Platforms Inc. rejected a proposal to adopt bitcoin as a corporate treasury asset.
• The proposal was backed by shareholders but faced strong opposition from the company.
• This decision aligns Meta with other major companies like Microsoft and Amazon, which also dismissed similar initiatives.
• The rejection comes despite increasing institutional interest in bitcoin.

Meta Platforms Inc. has decided against incorporating bitcoin into its corporate treasury, aligning with companies like Microsoft and Amazon that have similarly resisted such initiatives despite growing institutional interest in cryptocurrency.