Bitcoin As Financial Reserve Option<\/strong><\/h2>\nShareholders of Amazon urged the online retail store to evaluate the possibility of adding Bitcoin to its balance sheet<\/a>, saying that the firstborn cryptocurrency could enhance the investors\u2019 value in the long term because it is one way of protecting it from inflation.<\/p>\nA US-based think tank told Amazon to assess the prospect of using a portion of its financial reserve to hold Bitcoin to increase its shareholder\u2019s value and fight off inflation.<\/p>\n
According to a recommendation made by the National Center for Public Policy Research (NCPPR), the shareholders of the company are asking its Board to investigate if including cryptocurrencies into the treasury of the online retail store serves the best long-term interests of shareholders.<\/span>
\n<\/span><\/p>\n\nHISTORY: SHAREHOLDERS ARE PETITIONING $2.3 TRILLION AMAZON TO BUY #BITCOIN<\/a><\/p>\nBTC IS IN THE BEST “LONG-TERM INTEREST OF SHAREHOLDERS” \ud83d\ude80 pic.twitter.com\/Nj2wCNrVUn<\/a><\/p>\n\u2014 The Bitcoin Historian (@pete_rizzo_) December 9, 2024<\/a><\/p><\/blockquote>\nThe NCPPR submitted the shareholder proposal to Amazon to consider the crypto strategy during the company\u2019s 2025 annual shareholders\u2019 meeting.<\/p>\n
The American think tank suggested that Amazon should assess the benefits of holding some Bitcoin, encouraging the company to allot even 5% of its $585 billion assets to the cryptocurrency.<\/p>\n
\u201cThough Bitcoin is currently a volatile asset \u2013 as Amazon stock has been at times throughout its history \u2013 corporations have a responsibility to maximize shareholder value over the long-term as well as the short-term,\u201d NCPRR stated in the document.<\/p>\n
The researchers said that including some Bitcoins can diversify the company\u2019s balance sheet, solving this problem without taking on too much volatility.<\/p>\n![](\"https:\/\/www.tradingview.com\/x\/bHoigtA2\/\")
BTC is currently trading at $99,299. Chart: TradingView<\/a><\/figcaption><\/figure>\nFighting Inflation<\/strong><\/h2>\nThe NCPRR said that the inflation rate in the US is going up, adding that cash and bonds are no longer the best approach to protect Amazon\u2019s money.<\/p>\n
The US-based think tank cited that in the last four years, the average inflation rate in the country is pegged at 4.95%, which even went up to 9.1% in June 2022.<\/p>\n
It added that the true inflation rate is significantly higher, saying that several studies showed that it is nearly double the Consumer Price Index on occasion.<\/p>\n
\u201cAmazon should \u2013 and perhaps has a fiduciary duty to \u2013 consider adding assets to its treasury that appreciate more than bonds, even if those assets are more volatile short term,\u201d NCPPR remarked.<\/p>\n
\nSimple. Accept bitcoin payments? \ud83e\udd37\u200d\u2642\ufe0f https:\/\/t.co\/ud5PVNYHrj<\/a><\/p>\n
A US-based think tank told Amazon to assess the prospect of using a portion of its financial reserve to hold Bitcoin to increase its shareholder\u2019s value and fight off inflation.<\/p>\n
According to a recommendation made by the National Center for Public Policy Research (NCPPR), the shareholders of the company are asking its Board to investigate if including cryptocurrencies into the treasury of the online retail store serves the best long-term interests of shareholders.<\/span> HISTORY: SHAREHOLDERS ARE PETITIONING $2.3 TRILLION AMAZON TO BUY #BITCOIN<\/a><\/p>\n BTC IS IN THE BEST “LONG-TERM INTEREST OF SHAREHOLDERS” \ud83d\ude80 pic.twitter.com\/Nj2wCNrVUn<\/a><\/p>\n \u2014 The Bitcoin Historian (@pete_rizzo_) December 9, 2024<\/a><\/p><\/blockquote>\n The NCPPR submitted the shareholder proposal to Amazon to consider the crypto strategy during the company\u2019s 2025 annual shareholders\u2019 meeting.<\/p>\n The American think tank suggested that Amazon should assess the benefits of holding some Bitcoin, encouraging the company to allot even 5% of its $585 billion assets to the cryptocurrency.<\/p>\n \u201cThough Bitcoin is currently a volatile asset \u2013 as Amazon stock has been at times throughout its history \u2013 corporations have a responsibility to maximize shareholder value over the long-term as well as the short-term,\u201d NCPRR stated in the document.<\/p>\n The researchers said that including some Bitcoins can diversify the company\u2019s balance sheet, solving this problem without taking on too much volatility.<\/p>\n The NCPRR said that the inflation rate in the US is going up, adding that cash and bonds are no longer the best approach to protect Amazon\u2019s money.<\/p>\n The US-based think tank cited that in the last four years, the average inflation rate in the country is pegged at 4.95%, which even went up to 9.1% in June 2022.<\/p>\n It added that the true inflation rate is significantly higher, saying that several studies showed that it is nearly double the Consumer Price Index on occasion.<\/p>\n \u201cAmazon should \u2013 and perhaps has a fiduciary duty to \u2013 consider adding assets to its treasury that appreciate more than bonds, even if those assets are more volatile short term,\u201d NCPPR remarked.<\/p>\n Simple. Accept bitcoin payments? \ud83e\udd37\u200d\u2642\ufe0f https:\/\/t.co\/ud5PVNYHrj<\/a><\/p>\n
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Fighting Inflation<\/strong><\/h2>\n
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