In a groundbreaking proposal, shareholder Ethan Peck has urged Meta to consider adopting Bitcoin as a strategic treasury asset. This initiative, submitted by the National Center for Public Policy Research, highlights Bitcoin’s potential to outperform inflation and bolster corporate financial security. The proposal underscores the increasing momentum for Bitcoin adoption among leading corporations worldwide.
Proposal to Adopt Bitcoin
The National Center, a prominent Washington-based think tank, has been at the forefront of advocating for corporations to incorporate Bitcoin as a hedge against inflation. They argue that Bitcoin has the potential to outperform traditional financial assets, such as cash and bonds. Recently, a Bitcoin Treasury Shareholder Proposal was put forward to Meta, urging the tech giant to explore this promising avenue.
Ethan Peck, a representative of the National Center for Public Policy Research, submitted this proposal on behalf of his family’s shares in Meta. This is not the first time such an initiative has been presented; similar proposals have been made to other major companies, including Microsoft and Amazon.
In December 2024, the proposal gained notable support from MicroStrategy Chairman Michael Saylor, who recognized Bitcoin’s resilience against inflation. The National Center emphasized successful corporate Bitcoin adoption, citing MicroStrategy’s remarkable stock surge of 2,191% over the past five years as a testament to Bitcoin’s potential.
The proposal also referenced the growing institutional acceptance of Bitcoin, with developments like BlackRock’s Bitcoin ETF gaining significant attention. This increasing recognition further bolsters the case for Bitcoin as a valuable corporate asset.
Meta, known for its forward-thinking and innovative approach to technology, is seen as a natural fit for Bitcoin adoption. The proposal highlights how integrating Bitcoin aligns with Meta’s storied legacy of embracing cutting-edge technologies. Key figures within the company, including CEO Mark Zuckerberg and board member Marc Andreessen, have previously expressed interest in blockchain and cryptocurrency technologies.
Call for Strategic Assessment
The shareholder proposal strongly advocates for a strategic assessment of Bitcoin’s role within Meta’s financial framework. With Bitcoin’s fixed supply and growing institutional adoption, proponents believe that Meta could spearhead the corporate Bitcoin movement. If this proposal is accepted, it would position Meta as a pioneer among tech giants, integrating Bitcoin into its financial strategy and joining a growing roster of companies using Bitcoin to safeguard their treasuries.
