Meta Rejects Bitcoin Treasury, But Could Be Eyeing XRP Instead

Meta shareholders have decisively shut down a proposal to add Bitcoin to the company’s treasury, but industry whispers suggest the tech giant may have its sights set on Ripple’s XRP.

The Bitcoin proposal was introduced by investor Ethan Peck of the National Center for Public Policy Research. He argued that Bitcoin’s fixed supply and resistance to inflation could make it a superior store of value compared to Meta’s current $72 billion in cash, cash equivalents, and marketable securities.

Despite the pitch, the proposal was decisively voted down. Meta’s board cited Bitcoin’s high volatility, regulatory headwinds, and the company’s long-standing focus on capital preservation and liquidity as reasons for the rejection.

The final vote included nearly 205 million broker non-votes and 8.9 million absent shares—highlighting a general lack of appetite among shareholders for crypto risk within Meta’s treasury strategy.

Ripple Rumors: Is Meta Really Eyeing XRP?

Although Meta has turned its back on Bitcoin, rumors are gaining traction that the company may be exploring Ripple’s XRP as an alternative.

The speculation intensified following a TechPath YouTube interview featuring Bradley Kimes, director of the XRP Las Vegas event, who noted Meta’s growing interest in stablecoins and global payment systems—two sectors where Ripple is a recognized leader.

“Whether it’s Ripple or whether it’s Meta targeting them or what have you, I see this as the moment where special things like this can take place. Meta has to have a plan. Now, if that plan involves trying to acquire Ripple, I don’t know.”

While neither Meta nor Ripple has confirmed any acquisition talks, the speculation has sparked discussions about whether Meta might integrate XRP into its treasury strategy or leverage Ripple’s stablecoin infrastructure to build its footprint in digital finance.

XRP’s Rise as a Corporate Treasury Asset

Meta wouldn’t be the first to consider XRP for corporate reserves. Just yesterday, Webus International Limited, a Hangzhou-based corporation, announced plans to purchase approximately $300 million worth of XRP to build its crypto treasury.

The company disclosed that the capital would be raised through non-equity financing, leveraging loans from banks and institutional lenders. Webus cited XRP’s cost-efficiency and high performance as key reasons behind its decision.

Meanwhile, Vivopower, a Nasdaq-listed company, recently raised $121 million through private share sales to support its XRP treasury initiative.

The fundraising round was led by Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud, who alone invested $100 million—underscoring the growing institutional interest in XRP.

XRP’s next big catalyst could come from regulatory approval. The U.S. Securities and Exchange Commission (SEC) is currently reviewing multiple applications for spot XRP ETFs.

If approved, such products could usher in a wave of institutional investment and further legitimize XRP as a viable corporate treasury asset.

With Meta’s treasury strategy still evolving, XRP may very well be the next digital asset to watch. Whether it’s through direct acquisition, stablecoin integration, or ETF exposure, Ripple’s token is positioning itself as a major player in the next wave of corporate crypto adoption.