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Amazon Shareholders Push for Bitcoin Investment to Boost Value

Amazon Shareholders Push for Bitcoin Investment to Boost Value

CryptodnesCryptodnes2024/12/10 01:00
By:Cryptodnes

Institutional interest in Bitcoin continues to rise, fueled by developments such as the approval of spot Bitcoin ETFs in the U.S. and the return of pro-crypto policies under Donald Trump's leadership.

These milestones have encouraged more institutions to consider Bitcoin as a strategic asset.

The latest buzz surrounds tech giant Amazon, where some shareholders are advocating for the company to diversify its reserves by investing in Bitcoin. Inspired by MicroStrategy’s approach, a proposal shared by the National Center for Public Policy Research (NCPPR) highlights Bitcoin’s potential to combat inflation and enhance shareholder returns.

The proposal argues that despite Bitcoin’s volatility, its long-term performance surpasses traditional assets like bonds. Shareholders suggest that allocating even a small percentage—around 5%—of Amazon’s reserves to Bitcoin could align with its goal of maximizing shareholder value while managing risk.

READ MORE:
Crypto Billionaire Issues Warning After Bitcoin Hit $100,000

Adding to the discussion, former Binance CEO CZ has sparked curiosity on social media, pondering whether Amazon might go further by integrating Bitcoin payments into its ecosystem.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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