News Score: Score the News, Sort the News, Rewrite the Headlines

Meta’s Bitcoin treasury play flops as 99% of shareholders say no

Meta shareholders rejected the Bitcoin plan with less than 1% in favour.The proposal called Bitcoin a hedge against inflation and weak bonds.GameStop and Metaplanet are among firms copying Saylor’s Bitcoin play.Of the 14 proposals on Meta’s 2025 ballot, Bitcoin came in dead last.Shareholders overwhelmingly rejected a plan to explore adding Bitcoin to the company’s corporate treasury, with less than 1% voting in favour, according to a SEC filing. It drew the lowest support of any proposal on the ...

Read more at dlnews.com

© News Score  score the news, sort the news, rewrite the headlines