Meta Platforms Inc. is under pressure from shareholders to explore Bitcoin as a way to protect its $72 billion cash reserves from inflation.
Shareholder Ethan Peck has called for a formal evaluation, citing concerns that the company’s cash holdings are losing value and pointing to Bitcoin’s potential as a hedge. With its impressive growth—124% in 2024 alone and 1,265% over the past five years—Bitcoin offers an alternative to traditional assets like bonds, which have delivered far lower returns.
Meta’s strong financial position, with $256 billion in total assets as of late 2024, gives it the flexibility to consider such strategies.
Peck also highlighted examples like MicroStrategy, whose Bitcoin-focused approach has helped its stock outperform Meta’s by over 2,190%, and BlackRock, which recently launched a successful Bitcoin ETF and supports limited portfolio allocations to the cryptocurrency.
While Bitcoin’s volatility and regulatory uncertainties remain concerns, supporters argue it provides long-term protection against inflation. Peck and others see Bitcoin as an opportunity for Meta to align with forward-thinking companies and modernize its approach to managing cash reserves.
New York may soon allow residents to use digital assets like Bitcoin and Ethereum to pay for services tied to the state.
Lomond School in Scotland is set to make history as the first educational institution in the United Kingdom to accept Bitcoin for tuition payments, marking a significant step in the broader adoption of digital assets in traditional sectors.
Bitcoin mining giants continued to thrive in early 2025, collectively generating close to $800 million in newly minted BTC as prices remained close to all-time highs.
Michael Saylor, the outspoken Bitcoin advocate and founder of Strategy, has once again turned to social media to champion the cryptocurrency he consistently backs.