Mark Zuckerberg Already Made It To 'Step 1' By Naming His Goat Bitcoin — Now Investor Dials Meta To Ask Him To Add BTC To Company's Reserves
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Matt Cole, CEO of Strive Asset Management, urged Meta Platforms Inc. to add Bitcoin to its corporate reserves during a call from the Bitcoin 2025 conference. He emphasized the diminishing value of cash reserves and the need for a bold Bitcoin treasury strategy, referencing a global fiat debt crisis. Earlier, Meta shareholders had requested an assessment on Bitcoin's potential benefits. Strive recently purchased 4,700 BTC for $512.6 million. As of now, Bitcoin is priced at $106,010.69, while Meta shares saw a slight decline in after-hours trading.
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