In a decisive move that may surprise some in the tech and finance sectors, Meta’s shareholders have overwhelmingly rejected a proposal to evaluate the inclusion of Bitcoin in the company’s treasury. On June 2, 2025, it was revealed that a mere 0.08% of the votes supported the idea, signaling a clear reluctance among investors to embrace cryptocurrency as a corporate asset.
A Cautious Stance in a Volatile Market
Meta, the tech behemoth formerly known as Facebook, has often been at the forefront of digital innovation. However, its shareholders appear to be exercising caution when it comes to the volatile world of cryptocurrencies. The proposal, which some thought might mark a bold shift in Meta’s financial strategy, failed to gain traction. “The crypto market’s unpredictability still makes it a high-risk venture for many institutional investors,” noted Jane Thorne, a financial analyst at Crypto Insights. “Despite the hype, there’s a tangible hesitance to dive headfirst into assets that can swing wildly in value within a matter of days.”
While Bitcoin has seen significant adoption across various sectors, its integration into corporate balance sheets remains a contentious topic. Meta’s decision—or rather, the shareholders’ decision—not to pursue Bitcoin reflects broader concerns about its stability and regulatory uncertainties. This sentiment echoes recent actions by other leaders, such as the Arizona Governor’s veto of a Bitcoin reserve bill, highlighting the broader skepticism towards crypto as a stable investment.
The Crypto Conundrum
Bitcoin’s allure lies in its potential for high returns, yet its reputation is marred by its notorious volatility. In recent months, the price of Bitcoin has fluctuated dramatically, raising eyebrows among traditional investors. According to crypto market data, Bitcoin’s value has seen fluctuations of over 20% in just the first half of 2025. Such instability can be a double-edged sword for companies considering crypto assets as part of their financial strategy.
Meta’s move, or non-move, also highlights a growing divide in corporate attitudes towards cryptocurrency. Companies like Tesla have previously embraced Bitcoin, albeit with a roller-coaster experience that saw them backtrack on accepting it as a payment method. This illustrates a broader trend of cautious optimism—businesses are intrigued but wary. Meanwhile, other companies are taking a different approach, as seen with Metaplanet’s registration of a U.S. Treasury arm to bolster its Bitcoin reserve strategy.
Looking Ahead: Crypto’s Corporate Future
The rejection of the Bitcoin proposal doesn’t necessarily spell doom for crypto’s place in corporate finance. It does, however, underscore the need for a more mature market with clearer regulatory frameworks. “The crypto landscape is still in its infancy compared to traditional financial markets,” Thorne added. “There’s a lot of potential, but also a lot of uncertainty that needs to be navigated.”
As Meta navigates its future financial strategies, the conversation around cryptocurrencies is far from over. The tech giant’s reluctance to embrace Bitcoin at this stage may prompt other corporations to reconsider their stance. However, as regulatory environments evolve and the market stabilizes, the door remains open for crypto assets to play a more significant role in corporate finance.
In the meantime, the broader crypto community will be watching closely. Will this decision by Meta dissuade other tech giants from venturing into the cryptocurrency realm, or will it serve as a catalyst for more cautious exploration? Only time will tell, but the narrative around Bitcoin and corporate balance sheets is evolving—and fast.
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This article is based on: Meta won’t buy Bitcoin as shareholders knock back treasury idea
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Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
