Shareholders want Mark Zuckerberg to buy Bitcoin for Meta, aligning with institutional adoption trend.

From Investing.com

January 11, 2025 10:00 AM:

Mark Zuckerberg is urged to add Bitcoin to Meta’s holdings, as a shareholder proposal is submitted to Meta Platforms Inc. The proposal advocates for Bitcoin to be included in the corporate treasury, aligning with the trend of institutional adoption. Ethan Peck highlights Bitcoin’s performance and its potential benefits for Meta’s shareholders.

MicroStrategy continues to buy Bitcoin, acquiring 1,070 BTC for $101 million. This marks their ninth consecutive weekly purchase, bringing their total holdings to 447,470 BTC valued at $44.3 billion. With plans to raise $2 billion through a stock offering, MicroStrategy aims for more Bitcoin acquisitions, making them a significant player in the market.

Read more at Investing.com: Shareholders Urge Mark Zuckerberg to Buy Bitcoin for Meta By U.Today