Some Meta shareholders are urging the company to consider a new financial strategy, adding Bitcoin to its reserves. They argue that this change could help protect the company’s cash holdings from inflation while offering stronger returns for investors.
Ethan Peck, a shareholder advocating for the move, expressed concerns about how the company manages its cash. He noted that 28% of Meta’s total assets are held in cash, which he believes is steadily losing value. “Cash is being devalued, and bond yields are too low to keep up with inflation,” Peck said. He described this as a missed opportunity to increase shareholder value.
Meta’s leadership has also demonstrated connections to cryptocurrency. Founder Mark Zuckerberg once named one of his goats “Bitcoin,” a possible nod to his interest in the asset. Meanwhile, Marc Andreessen, a member of Meta’s board, is a director at Coinbase, a leading cryptocurrency exchange. Peck questioned why the company hasn’t taken similar steps for its reserves, saying, “Shouldn’t Meta shareholders benefit from the same forward-thinking strategies its executives might explore personally?”
Peck has experience pushing for Bitcoin adoption at other companies through his role with the National Center for Public Policy Research (NCPR). While earlier efforts at Microsoft and Amazon didn’t gain enough support, Peck believes the case for Bitcoin is now stronger than ever. He pointed out how MicroStrategy has outperformed major tech companies like Amazon, showing what’s possible when a company adopts cryptocurrency.
Peck urged Meta’s board to assess whether adopting Bitcoin could deliver long-term financial benefits. His proposal comes as Meta implements broader changes to its platform and policies.
Recently, the company announced updates to content moderation, allowing more open discussions on mainstream topics while focusing enforcement on severe violations. “It’s time to reconnect with our foundation of free expression,” Zuckerberg said in a video message.
Adding Bitcoin to its reserves could align with Meta’s push for innovation and decentralization. For shareholders, it offers the potential to capture gains from a rapidly growing financial trend. For users, it signals Meta’s willingness to embrace bold strategies that reflect emerging technologies and cultural shifts.
Amid rising inflation and economic uncertainty, this proposal positions Meta as a potential leader in corporate financial strategy. If successful, it could set an example for other companies and further establish Meta as a forward-thinking tech innovator.
