
A shareholder urges Meta to adopt Bitcoin as a treasury asset, citing its potential to hedge against inflation and outperform traditional investments.
This proposal follows similar initiatives by other companies and aligns with growing institutional interest in Bitcoin.
The proposal emphasizes that Bitcoin adoption would solidify Meta's position as a technological leader.
A shareholder proposal is urging Meta to consider adopting Bitcoin as a strategic treasury asset – what a bold move!
Submitted by Ethan Peck of the National Center for Public Policy Research, the proposal emphasizes Bitcoinโs ability to outpace inflation and strengthen corporate finances. With major corporations increasingly exploring Bitcoin as a viable asset, could crypto adoption increase? Read on to uncover the details and implications.
Bitcoin: A Hedge Against Inflation?
The National Center, a Washington-based think tank, has been promoting Bitcoin as a safeguard against inflation and a better alternative to traditional assets like cash and bonds. Their campaign points to Bitcoinโs historical performance and its reliability during economic uncertainties.
The National Center has also made similar proposals to corporate giants like Microsoft and Amazon. In December 2024, their initiative gained support from MicroStrategy Chairman michael saylor
michael saylor Michael Saylor is a Co-founder of Strategy formerly MicroStrategy. Before founding Microstrategy, he was a rocket scientist and studied aeronautics and astronautics at MIT on an Air Force scholarship. He dubs Bitcoin 'Digital Gold'. He made some early investment in Bitcoin as soon as he realized it was going to be the next big thing in shaping decentralized finance from traditional finance. His firm Strategy has made Bitcoin their primary treasure reserve. He is a vocal advocate and Top Bitcoin Speaker who participates in various Bitcoin and Crypto events. Michael Saylor is highly skilled in and has a rich knowledge of numerous fields, including analytics, data warehouses, SaaS, management, cloud computing, enterprise architecture, mobile devices, and many more.
Personal Details:
Born: Feb 4, 1965Location: United StatesGraduation: He graduated from MIT in 1987 with a double major in aeronautics, science, technology, and society.
Michael Saylor – Career Timeline 1983–1987: Studied Aeronautics & Astronautics and Science, Technology & Society at Massachusetts Institute of Technology (MIT).
1989: Co-founded MicroStrategy (Strategy).
1998: MicroStrategy IPO – Took MicroStrategy public on the NASDAQ at $12 per share.
2000: Accounting Scandal & Crash – MicroStrategy's stock plunged 62% in a day due to an accounting misstatement, wiping out billions in valuation.
2004–2019: MicroStrategy Rebuilds – Worked towards cloud-based analytics and AI-driven business intelligence, regaining stability.
2020: Bitcoin Strategy & Investment – Led MicroStrategy’s $425M Bitcoin investment. He made it the first publicly traded company to adopt Bitcoin.
2021: Bitcoin Evangelism – Became one of Bitcoin’s most vocal advocates, encouraging corporations and institutions to adopt BTC and blockchain.
2022: Stepped Down as CEO – Transitioned to Executive Chairman to focus entirely on Bitcoin strategy.
[email protected] EntrepreneurCrypto and Blockchain ExpertAuthor a prominent Bitcoin advocate. Saylor has often emphasized Bitcoinโs ability to resist inflation and preserve wealth over time.
The proposal to Meta cited microstrategy
microstrategy - Business Intelligence as a prime example of successful corporate Bitcoin adoption. Over the past five years, MicroStrategyโs stock value has surged by an astounding 2,191%, largely driven by its substantial Bitcoin holdings.
Institutional Momentum Grows
The submission also pointed to the growing institutional recognition of Bitcoin, citing developments such as BlackRockโs Bitcoin ETF gaining momentum. This progress highlights a broader acceptance of Bitcoin as a legitimate financial asset.
Aligning with Metaโs Vision
Meta has long been known for its forward-thinking approach to technology. The proposal argues that adopting Bitcoin fits well with Metaโs culture of innovation. Both CEO Mark Zuckerberg and board member Marc Andreessen have previously shown interest in blockchain and cryptocurrency technologies, further strengthening the case for Bitcoin integration.
The shareholder proposal suggests that embracing Bitcoin could elevate Metaโs reputation as a leader in both innovation and financial resilience. By adopting Bitcoin, Meta could set a precedent for other tech giants.
The Bitcoin Revolution is Here!
With Bitcoinโs fixed supply and growing institutional adoption, proponents believe Meta could lead the corporate Bitcoin movement. If accepted, the proposal could mark Meta as one of the first tech giants to integrate Bitcoin into its financial strategy, joining a growing list of companies using Bitcoin to safeguard their treasuries.
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