{"id":29317,"date":"2025-05-29T18:31:53","date_gmt":"2025-05-29T18:31:53","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29317"},"modified":"2025-05-29T18:31:53","modified_gmt":"2025-05-29T18:31:53","slug":"buy-bitcoin-strive-ceo-calls-mark-zuckerberg-over-metas-treasury","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29317","title":{"rendered":"Buy Bitcoin: Strive CEO Calls Mark Zuckerberg Over Meta\u2019s Treasury"},"content":{"rendered":"<div>\n<p>The question of when a Fortune 500 technology giant will move Bitcoin onto its balance sheet took center stage at Bitcoin 2025 after Strive Asset Management chief executive Matt Cole, standing before thousands in Las Vegas, dialed Meta Platforms chief executive Mark Zuckerberg and\u2014when the call went unanswered\u2014left a voice message urging him to convert a slice of Meta\u2019s $61 billion cash hoard into Bitcoin.<\/p>\n<h2>Strive CEO Calls Zuckerberg Over Bitcoin<\/h2>\n<p>Speaking to thousands of attendees in Las Vegas, Cole argued that the social-media and AI powerhouse is exposing shareholders to avoidable monetary debasement by keeping tens of billions of dollars parked in cash and short-term US Treasuries. \u201cThe case for putting Bitcoin on your corporate balance sheet has never been stronger,\u201d he said, noting that Bitcoin\u2019s market capitalization has surpassed two trillion dollars.<\/p>\n<p>\u201cRight now we have a global fiat debt crisis. <a href=\"https:\/\/bitcoinist.com\/where-bitcoin-is-headed-next\/\" target=\"_blank\" rel=\"noopener \">M2 is rising almost every single day<\/a>, and as M2 rises the purchasing power of dollars, or dollars that are put in short-term US Treasuries, continues to decrease.\u201d Cole insisted that inflation gauges understate the erosion of real returns because \u201cyou also have to look at the rise of asset prices, like stocks and homes. The reality is that a corporate balance sheet in cash and short-term reserves is losing its ability to generate value for shareholders almost every single day.\u201d<\/p>\n<p>Cole linked the monetary argument to accelerating advances in artificial intelligence, warning that the technology threatens to reshuffle the S&amp;P 500 as thoroughly as the internet did two decades ago. \u201cOver a period of 30 years there was a 50 percent turnover in the S&amp;P 500,\u201d he reminded the audience.<\/p>\n<p>\u201cOur belief is that there will be a similar turnover because of AI disruption in the next 10 years. While I do not believe Meta will fall out of the S&amp;P 500, my belief is that Meta has the opportunity to actually be the largest, or maybe the second-largest, corporation in America, if you get this right. Lean into AI innovation, but also look at the balance-sheet side of the equation.\u201d<\/p>\n<p>He closed the call by referencing Zuckerberg\u2019s much-publicized pet goat: \u201cYou\u2019ve already taken step one. You\u2019ve named your goat Bitcoin. My ask is that you take step two and adopt a bold corporate Bitcoin treasury approach and vote yes on proposal number 13.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Zuck took the first step by naming his goat Bitcoin. It\u2019s time for Meta to put the G.O.A.T. asset, Bitcoin, on its balance sheet and maximize long run shareholder value. <a href=\"https:\/\/t.co\/58huypeOOL\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/58huypeOOL<\/a><\/p>\n<p>\u2014 Matt Cole (@ColeMacro) <a href=\"https:\/\/twitter.com\/ColeMacro\/status\/1927790136743297113?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">May 28, 2025<\/a><\/p>\n<\/blockquote>\n<h2>Will Meta Break The Ice?<\/h2>\n<p>Cole\u2019s public appeal drew instant commentary from market-structure analysts and entrepreneurs. Bloomberg ETF specialist Eric Balchunas <a href=\"https:\/\/x.com\/EricBalchunas\/status\/1927795193572421949\" target=\"_blank\" rel=\"noopener nofollow\">observed<\/a> on X that \u201cit feels like it\u2019s inevitable that a Big Boy US company adds btc to balance sheet. Could def see Meta being the one to break the ice.\u201d<\/p>\n<p>In a follow-up post he argued that a Meta or Microsoft allocation would carry far greater symbolic weight than earlier moves by smaller firms: \u201cIf a Meta or Microsoft adds btc to balance sheet it will arguably have bigger impact than all the smaller cos doing it, kinda like when Tom Hanks got COVID, everyone was like \u2018oh sht Tom Hanks got it.\u2019\u201d<\/p>\n<p>When a user replied that Tesla \u201calready broke the ice, 4 years ago,\u201d Balchunas conceded the point but added, \u201cyes but kinda doesn\u2019t count as of now, hard to explain but you know what I\u2019m saying.\u201d<\/p>\n<p>Skeptics pushed back just as quickly. Larry Tabb, head of market-structure research at Bloomberg Intelligence, wrote: \u201cWhat? Why? They don\u2019t pay folks in BTC, they don\u2019t buy stuff w\/BTC, it doesn\u2019t earn a return, they can\u2019t use it to do anything. Only reason for a corporate to buy BTC would be for investment.\u201d Tabb compared the idea to purchasing an S&amp;P 500 ETF with no dividend capture, concluding that management should either pursue a formal investment mandate or return idle capital to shareholders.<\/p>\n<p>Balchunas countered that the motive would indeed be \u201cshareholder value,\u201d leaving the market to judge whether the trade-off is worthwhile: \u201cTime will tell.\u201d<\/p>\n<p>Zuckerberg \u2018Appreciates\u2019 Bitcoin<\/p>\n<p>Outside the analyst community, founders in the Bitcoin ecosystem speculated about Zuckerberg\u2019s personal inclinations. Lyle Pratt, chief executive of decentralized communications platform Vida Global, called Meta \u201cthe dark horse of the corporate Bitcoin acquisition game,\u201d citing Zuckerberg\u2019s dual-class voting control, his failed attempt to launch the <a href=\"https:\/\/bitcoinist.com\/facebook-libra-could-launch-as-soon-as-january-amidst-bitcoin-resurgence\/\" target=\"_blank\" rel=\"noopener \">Libra (later Diem) stablecoin<\/a>, and his goat named \u201cBitcoin.\u201d<\/p>\n<p>Pratt jokingly added that Zuckerberg \u201cdoesn\u2019t want <a href=\"https:\/\/bitcoinist.com\/gemini-names-dan-chen-cfo-as-ipo-approaches\/\" target=\"_blank\" rel=\"noopener \">Cameron and Tyler<\/a> to have more Bitcoin,\u201d a jab at Meta\u2019s long-standing rivalry with the Winklevoss twins. Former Meta executive and current Lightspark chief executive David Marcus, who once led the Libra initiative, has <a href=\"https:\/\/bitcoinist.com\/facebook-ceo-zuckerberg-appreciates-bitcoin\/\" target=\"_blank\" rel=\"noopener \">previously said<\/a> that Zuckerberg \u201cappreciates Bitcoin,\u201d lending anecdotal support to Balchunas\u2019 and Pratt\u2019s thesis.<\/p>\n<p>Strive\u2019s shareholder proposal will come to a vote at Meta\u2019s upcoming annual meeting. Cole\u2019s gambit was designed to raise the political cost of inaction for Meta\u2019s board. Notably, Meta\u2019s board has recommended against it and has not commented publicly on Cole\u2019s Las Vegas broadside.<\/p>\n<p>At press time, BTC traded at $107,948.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-488925\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/BTCUSDT_2025-05-29_09-18-57.png?resize=1024%2C454\" alt=\"Bitcoin price\" width=\"1024\" height=\"454\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/BTCUSDT_2025-05-29_09-18-57.png?w=3628 3628w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/BTCUSDT_2025-05-29_09-18-57.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/BTCUSDT_2025-05-29_09-18-57.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/BTCUSDT_2025-05-29_09-18-57.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/BTCUSDT_2025-05-29_09-18-57.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/BTCUSDT_2025-05-29_09-18-57.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/BTCUSDT_2025-05-29_09-18-57.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/BTCUSDT_2025-05-29_09-18-57.png?w=1140 1140w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/05\/BTCUSDT_2025-05-29_09-18-57.png?w=3000 3000w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The question of when a Fortune 500 technology giant will move Bitcoin onto its balance sheet took center stage at Bitcoin 2025 after Strive Asset Management chief executive Matt Cole, standing before thousands in Las Vegas, dialed Meta Platforms chief executive Mark Zuckerberg and\u2014when the call went unanswered\u2014left a voice message urging him to convert [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29317","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29317"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29317\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}