{"id":20241,"date":"2025-01-13T10:28:37","date_gmt":"2025-01-13T08:28:37","guid":{"rendered":"https:\/\/forklog.com\/en\/metas-board-urged-to-create-a-bitcoin-reserve\/"},"modified":"2025-01-13T10:28:37","modified_gmt":"2025-01-13T08:28:37","slug":"metas-board-urged-to-create-a-bitcoin-reserve","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/metas-board-urged-to-create-a-bitcoin-reserve\/","title":{"rendered":"Meta\u2019s board urged to create a bitcoin reserve"},"content":{"rendered":"<p>Meta\u2019s board has been urged to allocate part of its $72bn in liquid assets to bitcoin as a hedge against dollar debasement.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> Treasury Shareholder Proposal has been submitted to Meta.<\/p>\n<p>The shareholder, Ethan Peck, who is an employee at The National Center for Public Policy Research \u2014 the organization that submitted to <a href=\"https:\/\/twitter.com\/search?q=%24MSFT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MSFT<\/a> &#038; <a href=\"https:\/\/twitter.com\/search?q=%24AMZN&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$AMZN<\/a> \u2014 informed me he submitted on behalf of his family\u2019s shares. <a href=\"https:\/\/t.co\/KrAKw7nHwp\">pic.twitter.com\/KrAKw7nHwp<\/a><\/p>\n<p>\u2014 Tim Kotzman (@TimKotzman) <a href=\"https:\/\/twitter.com\/TimKotzman\/status\/1877801644601061406?ref_src=twsrc%5Etfw\">January 10, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The filing was submitted by an employee of <a href=\"https:\/\/en.wikipedia.org\/wiki\/National_Center_for_Public_Policy_Research\">The National Center for Public Policy Research<\/a> (NCPPR) on behalf of family members who hold shares in the tech giant.<\/p>\n<p>The proponent argued that keeping reserves in cash and equivalents risks losing 28% of their value to inflation.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Thanks to the verifiable fixed supply, digital gold is the most resilient instrument for preserving capital,&#8221;<\/em> <em>\u2014<\/em> the statement says.<\/p>\n<\/blockquote>\n<p>The proposal cites favourable comments about bitcoin from chief executive Mark Zuckerberg and board member Marc Andreessen, who is also a co-founder of a16z.<\/p>\n<p>By the end of 2024, <a href=\"https:\/\/forklog.com\/en\/news\/public-companies-bitcoin-strategy-a-rare-phenomenon\"> \u0442\u043e\u043b\u044c\u043a\u043e 0,01% \u043f\u0443\u0431\u043b\u0438\u0447\u043d\u044b\u0445 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u0439<\/a> worldwide held the first cryptocurrency, according to OKG Research.<\/p>\n<p>In December, <a href=\"https:\/\/forklog.com\/en\/news\/a-mere-0-55-of-microsoft-shareholders-back-bitcoin-reserve-proposal\">\u043b\u0438\u0448\u044c 0,55% \u0430\u043a\u0446\u0438\u043e\u043d\u0435\u0440\u043e\u0432 Microsoft<\/a> backed the creation of a bitcoin reserve.<\/p>\n<p>Earlier, NCPPR<a href=\"https:\/\/forklog.com\/en\/news\/amazon-urged-to-consider-bitcoin-reserve-by-shareholder-group\"> \u0432\u044b\u0434\u0432\u0438\u043d\u0443\u043b\u0430<\/a> a similar proposal to Amazon shareholders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meta\u2019s board has been urged to allocate part of its $72bn in liquid assets to bitcoin as a hedge against dollar debasement. A #Bitcoin Treasury Shareholder Proposal has been submitted to Meta. The shareholder, Ethan Peck, who is an employee at The National Center for Public Policy Research \u2014 the organization that submitted to $MSFT [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1538,1641,1293],"class_list":["post-20241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-purchase","tag-bitcoin-reserves","tag-meta"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20241"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20240"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}