Will Amazon Invest in Bitcoin? Proposal Presented for Budget - Koin Bulletin

This week, Amazon shareholders called for the company to diversify its reserves with Bitcoin. Shareholders highlight that Bitcoin could increase long-term shareholder value, suggesting inspiration from MicroStrategy's (MSTR) strategy.

In the proposal presented by Amazon's shareholders, it is emphasized that despite the volatile nature of Bitcoin, it can maximize shareholder value in the long term. The proposal supported by the National Center for Public Policy Research (NCPPR) includes the following statements:

"Amazon should consider holding up to 5% of its balance sheet in Bitcoin. This is a way to increase shareholder value without taking on the risk of extreme volatility."

Bitcoin, surpassing the $100,000 level with a 134% increase this year, has outperformed companies like MicroStrategy in terms of stock performance compared to Amazon. For example, while MSTR shares have risen more than 500% this year, Amazon shares have only increased by 49%.

You can follow in MicroStrategy's footsteps.

Companies such as Tesla, Block, and MicroStrategy are cited as examples of Bitcoin investments. Shareholders suggest that Amazon should consider Bitcoin's long-term potential for value appreciation instead of focusing on short-term volatility.

MicroStrategy's success story could be an inspiration for a large company like Amazon. Adding Bitcoin to the company's reserves can provide protection against inflation and support shareholders in achieving long-term gains despite market volatility.

What is the status of Amazon's portfolio?

Amazon has a total asset of $585 billion as of the third quarter. Of this amount, $88 billion consists of cash, cash equivalents, and government securities. However, shareholders argue that the current asset allocation does not sufficiently protect shareholder value.