- Amazon urged to adopt Bitcoin treasury strategy, to safeguard the company’s reserves from inflation risks.
- The proposal highlights Bitcoin’s outperformance over bonds, gaining traction as a corporate asset.
As Amazon prepares for the upcoming April 2025 shareholder meet, the National Center for Public Policy Research (NCPPR), a Washington DC-based think tank advocating for free markets, has shared a shareholder proposal that they want to be considered.
The proposal suggests that Amazon should adopt a Bitcoin [BTC ($86,939.00)] corporate treasury strategy, encouraging the tech giant to allocate a portion of its $88 billion in cash and short-term assets to BTC.
This move highlights the growing interest in integrating crypto into traditional financial strategies especially seeing Bitcoin gaining momentum as a corporate hedge against inflation.
The proposal from Amazon shareholders voiced strong concerns over inflation’s impact on Amazon’s sizable cash reserves.
Criticizing the Consumer Price Index (CPI) as an inaccurate measure of inflation, they argued that the real inflation rate might be closer to 10%, double the CPI&...
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