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6 Comments
tldr; A proposal has been submitted urging Meta to consider adding Bitcoin to its corporate treasury. This initiative, led by Ethan Peck from the National Center for Public Policy Research, follows similar proposals made to Microsoft and Amazon. The proposal highlights Bitcoin’s potential as a hedge against inflation and its growing acceptance as a strategic asset. It cites successful examples like MicroStrategy and suggests that Meta could lead in corporate Bitcoin adoption, aligning with its innovative history.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Zuck has 50% voting power so this will be his call
Like with Microsoft the shareholders will probably dismiss the proposal.
As long as it’s not libra 2.0
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Do it!