Meta shareholders have decisively rejected adding Bitcoin to the company’s treasury reserves, delivering a blow to potential blockchain integration at the tech giant. The proposal, initiated by Ethan Peck of the National Center for Public Policy Research, received less than 1% support at Meta’s recent annual meeting, highlighting a significant disconnect between shareholder sentiment and the company’s broader crypto strategies. 61% voting power belonging to Mark Zuckerberg played a crucial role in this outcome. Although Meta has shown interest in stablecoins, this vote signifies a clear separation between its financial stability measures and blockchain-driven initiatives. While some support for the proposal was provided by Matt Cole of Strive Asset Management, only 0.08% of shareholder votes supported incorporating Bitcoin into the company’s reserves. Despite this, Meta’s board deemed the proposal unnecessary, reflecting cautious attitudes towards cryptocurrency on corporate balance sheets.