Why Did 95% of Meta Shareholders Simply Decline Bitcoin Reserves?

Meta investors have voted overwhelmingly versus the proposal to build a Bitcoin treasury. Only 0.1% of investors supported the idea of adding Bitcoin to Meta’s balance sheet. Meta’s cash reserves have increased from $12 billion in 2023 to $30 billion 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 companies focused on stability. Meta investors have strongly rejected a proposal to add Bitcoin (BTC) to the company’s treasury. In the latest vote, 95% opposed the concept, while only 0.1% supported it. This decision reinforces Meta’s existing 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 increasing from $12 billion to $30 billion since 2023, investors continue to prefer traditional financial planning. This vote confirms that Meta’s focus remains on operational investment and capital returns rather than speculative assets. The rejection shows Meta’s alignment with major tech firms focusing on low-risk strategies and shareholder interests.

While Meta declined Bitcoin for its balance sheet, many 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 later. Their approach reflects a growing trend among companies seeking alternative asset strategies for long-term positioning.

Analysts have cited volatility and investor interests as key factors in Meta’s shareholders rejecting the Bitcoin proposal. They argue that companies like Meta prioritize financial stability and maintaining investor value through consistent growth. The rejection follows insights that large firms avoid financial instruments that may introduce unnecessary risk. Despite Meta’s decision, the adoption of Bitcoin by other companies continues to grow, showcasing differing approaches across industries.

At the macro level, Bitcoin’s growth continues to impact 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 demonstrate significant commitment to Bitcoin as an asset.