Amazon shareholders are calling for Bitcoin to be adopted as a Treasury asset to protect value

Amazon shareholders have called on the tech giant to consider Bitcoin as a treasury asset, arguing that this could protect shareholder value while aligning with emerging financial trends.

The resolution calls on Amazon’s board to evaluate the long-term benefits of incorporating Bitcoin into its treasury strategy.

Bitcoin’s appeal is growing

Amazon shareholders, led by the conservative think tank National Center for Public Policy Research (NCPPR), have proposed a major strategy that urges the tech giant to allocate some of its $88 billion in cash reserves to Bitcoin.

This proposal is driven by growing recognition of Bitcoin’s potential as a hedge against inflation, a concern highlighted by the NCPPR’s assertion that traditional metrics such as the Consumer Price Index (CPI) may underestimate actual inflation rates, which estimates closer to 10%.

Highlighting Bitcoin’s historical performance, the NCPPR argued that despite its volatility, the asset has consistently outperformed traditional financial instruments such as corporate bonds. The proposal pointed to several prominent examples of corporate Bitcoin adoption, including MicroStrategy, which has over 402,000 BTC valued at $40 billion, and Tesla, which confirms this claim.

Analysts speculate that if Amazon adopts Bitcoin, it could catalyze broader corporate change, potentially influencing giants like Apple. Industry voices, including Binance’s Changpeng Zhao, have amplified this push, advocating Bitcoin payments as the next logical step for Amazon.

Microsoft faces a push for Bitcoin diversification

The proposal comes just over a month after the think tank announced plans to propose an assessment of Bitcoin’s diversification at Microsoft’s annual shareholder meeting on December 10.

The proposal, detailed in a filing with the U.S. Securities and Exchange Commission (SEC), advocated for Microsoft to view Bitcoin as a hedge against inflation and macroeconomic pressures. He suggests allocating at least 1% of the company’s total assets to cryptocurrency.

Microsoft’s board, however, opposed the idea and asked shareholders to vote against it. The board argues that Bitcoin and other cryptocurrencies have already been evaluated in the company’s financial strategies and continue to monitor potential opportunities.

Earlier this month, Michael Saylor, co-founder of MicroStrategy, recently urged Microsoft’s board of directors with a proposal urging the company to adopt Bitcoin on a larger scale.

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