💼 Meta Seeks $29 Billion from Private Credit Giants to Fund AI Data Centres

Date: June 28, 2025 Meta Platforms, the parent company of Facebook and Instagram, is in advanced discussions to raise $29 billion from major private credit firms to support the expansion of its artificial intelligence‑focused data centre network across the United States. 🏗️ Deal Breakdown & Strategic Drivers 🤖 Why It Matters for Meta’s AI Push 📈…

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Meta Shareholders Overwhelmingly Reject Proposal to Consider Bitcoin Treasury Strategy

In a significant development for the tech industry, Meta Platforms Inc. (NASDAQ: META) shareholders have decisively voted against a proposal urging the company to allocate a portion of its $72 billion cash reserves into Bitcoin. The proposal, introduced by Ethan Peck—a shareholder and employee of the National Center for Public Policy Research—was aimed at exploring…

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