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"Bitcoin Adoption Proposal Submitted to Meta"

Doohyun Hwang
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  • A shareholder proposal for Bitcoin adoption has been submitted to Meta.
  • It was suggested to invest $72 billion in cash into Bitcoin.
  • Bitcoin is considered an appropriate hedge against currency devaluation.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

A shareholder proposal suggesting the adoption of Bitcoin (BTC) has been submitted to Meta.

According to Cointelegraph on the 10th (local time), the shareholder proposal includes the suggestion that Meta should invest its $72 billion in cash into Bitcoin. The main reason is that Bitcoin is considered an appropriate hedge against currency devaluation.

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