Meta Shareholders Deliver Stunning Rebuke: 95% Vote Against Bitcoin Treasury Reserves

Wall Street’s old guard flexes its muscles—again. In a landslide vote that shocked crypto advocates, Meta’s shareholders overwhelmingly rejected a proposal to allocate corporate reserves to Bitcoin. The 95% opposition reveals a stark divide between Silicon Valley’s crypto-curious and institutional investors’ risk-aversion.

Why the cold feet? Three theories:

- Regulatory Roulette: With the SEC still playing whack-a-mole with crypto ETFs, traditional funds won’t touch Bitcoin with a ten-foot prospectus.

- Earnings Optics: Nothing tanks a CFO’s bonus faster than explaining volatile crypto losses during earnings calls.

- Institutional Inertia: Pension funds still measure ROI in quarterly dividends—not Satoshis.

The verdict? Corporations talk a big game about ’innovation’ until it’s time to move decimal points on the balance sheet. Maybe next bull run, folks—if the suits can stomach the volatility.

TLDR

• Meta shareholders have voted overwhelmingly against the proposal to build a Bitcoin treasury.
• Only 0.1% of shareholders supported the idea of adding Bitcoin to Meta’s balance sheet.
• Meta’s cash reserves have increased from 12 billion dollars in 2023 to 30 billion dollars this year.
• Smaller companies like Metaplanet and Semler Scientific continue to expand their Bitcoin holdings.
• Analysts say Bitcoin’s volatility makes it unsuitable for large tech firms focused on stability.

Meta shareholders have overwhelmingly rejected a proposal to add Bitcoin (BTC) to the company’s treasury. In the latest vote, 95% opposed the idea, while only 0.1% supported it. This decision reinforces Meta’s current financial strategy, which remains focused on cash growth and core business investment.

Meta now joins companies like Amazon and Microsoft, which have also dismissed bitcoin treasury proposals. Despite Meta’s strong cash position, with reserves rising from $12 billion to $30 billion since 2023, shareholders continue to prefer traditional financial planning. This vote confirms that Meta’s focus remains on operational investment and capital returns instead of speculative assets.

The rejection shows Meta’s consistent alignment with major tech firms prioritizing low-risk strategies and shareholder interests. Though some smaller firms have benefited from Bitcoin holdings, Meta maintains a clear distinction in its approach. The strong shareholder consensus leaves little room for ambiguity about Meta’s near-term direction.

Meta Stays Away While Others Buy Bitcoin

While Meta rejected Bitcoin for its balance sheet, several small and mid-sized companies continue to adopt Bitcoin treasury strategies. Firms like Metaplanet and Semler Scientific have announced consistent Bitcoin purchases and experienced notable stock price surges afterward. Their approach reflects a growing trend among companies seeking alternative asset strategies for long-term positioning.

These companies differ from Meta in scale, risk tolerance, and market expectations. Startups and agile businesses often embrace Bitcoin’s volatility as part of their growth strategy. As a result, their shareholder bases appear more receptive to the risks and potential returns of digital assets.

This pattern illustrates a widening gap between traditional tech giants like Meta and dynamic firms choosing cryptocurrency for diversification. Meta, however, remains cautious in its treasury allocation, avoiding asset classes that could trigger instability. The divergence shows that Bitcoin adoption depends heavily on company size, structure, and shareholder profile.

Analysts Cite Volatility and Shareholder Interests as Key Factors

Financial analysts have pointed out that Meta’s shareholders likely rejected the proposal due to Bitcoin’s inherent volatility. They argue that companies like Meta focus on financial stability and preserving shareholder value through consistent, measured growth. Many believe such firms prefer using cash for research, expansion, or returning capital to shareholders.

Crypto Analyst Willy WOO also noted that Bitcoin treasuries are more suitable for businesses that can handle rapid market fluctuations without affecting operations. Meta, given its global scale and high valuation, may face disproportionate risks from such exposure. Therefore, its strategy reflects a broader corporate preference for predictability and control.

Growing companies prioritise control of their destiny. If their treasury is whipped around by BTC volatility it is not ideal for their stake holders.

BTC treasuries make most sense for businesses that have run their course and also startups who don’t care about volatility. https://t.co/26IAIZAjL5

— Willy Woo (@woonomic) June 2, 2025

The rejection follows insights that show large firms avoid financial instruments that could introduce unnecessary risk. Meta’s shareholder base demonstrated a clear stance against Bitcoin inclusion. The vote also sends a message that long-term planning and Core reinvestment remain top priorities for major tech entities.

Bitcoin Adoption Grows Despite Meta Rejection

Despite Meta’s decision, the adoption of Bitcoin by other companies continues to grow, highlighting varying approaches across industries. TRUMP Media recently announced a $2.5 billion Bitcoin treasury strategy, signaling confidence in long-term value. Such moves contrast sharply with Meta’s conservative financial path.

At the macro level, Bitcoin’s growth continues to influence wealth rankings and market capitalizations. Satoshi Nakamoto remains the largest BTC holder, while BlackRock’s IBIT has secured the second-largest position with over 660,000 BTC. These holdings show how deeply some institutions have committed to Bitcoin as an asset.