With fewer than 0.1% of votes cast in favor, the initiative to use part of the $72 billion Meta holds in cash fell short of passage.

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	Forwarded this email? Subscribe here for more Meta shareholders reject Bitcoin treasury bid in landslide vote With fewer than 0.1% of votes cast in favor, the initiative to use part of the $72 billion Meta holds in cash fell short of passage. CryptoSlate May 31   READ IN APP   Happy Saturday! Meta shareholders overwhelmingly rejected a proposal to add Bitcoin to the company’s $72 billion cash reserves, with less than 0.1% voting in favor and nearly 5 billion shares opposed, signaling continued caution among major corporations toward crypto adoption. In Europe, Czech Justice Minister Pavel Blažek resigned after selling $45 million in Bitcoin he received from a convicted darknet operator. Meanwhile, Ethereum’s Pectra upgrade is on track, meeting expectations and paving the way for the upcoming Fusaka update. Catch these top stories and more in today’s CryptoSlate newsletter! Ad: Make the most of your crypto Start earning up to 14% interest, paid daily. Keep full access to your assets while they grow in your Savings Wallet. Start earning LATEST SLATECAST 🎙️ Inside Pundi AI: How blockchain and AI are converging for real-world utility 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.27 trillion, with a 24-hour volume of $115.8 billion. The price of Bitcoin is $104,553.39, and BTC market dominance is 63.4%. The price of Ethereum is $2,537.27, and ETH market dominance is 9.4%. The best-performing sector is Cannabis, which gained 6%. The Crypto Fear & Greed Index is currently Neutral (50). 📰 Top News Meta shareholders reject Bitcoin treasury bid in landslide vote With fewer than 0.1% of votes cast in favor, the initiative to use part of the $72 billion Meta holds in cash fell short of passage. Czech Justice Minister resigns after selling $45M Bitcoin gift from convict Pavel Blažek sold roughly 480 BTC received from Tomáš Jiřikovský, who was arrested in 2016 for running an illicit online marketplace for drugs and medicines. Ethereum’s Pectra update meets expectations, edges closer to Fusaka A May 30 report by ethPandaOps shows the 6/9 blob schedule functions as designed, giving client teams room to focus on the Fusaka upgrade. 🗞️ More News Coinbase says FTX repayments could become a $5B market injection Sui community approves release of $162M in tokens frozen during Cetus hack REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance Brazilian Méliuz announces $26M share sale to grow Bitcoin treasury, shares drop 7% US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree 📖 Latest Market Report The rise and fall of NFTs – what’s left? CryptoSlate's latest report dives deep into the boom-bust trajectory of NFTs: from their euphoric peak and inscription speculation, through the subsequent collapse in activity and value, to the current search for stability and meaning in the aftermath. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2025 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe