The National Center for Public Policy Research suggests that Amazon should consider implementing a Bitcoin treasury, pointing out that MicroStrategy's stock significantly outperformed Amazon's stock by 537% as a result of its Bitcoin strategy.
The National Center for Public Policy Research, located in Washington DC, is advocating for free markets. They have proposed to Amazon Corp that they consider implementing a Bitcoin corporate treasury strategy at their shareholder meeting in April 2025.
As mentioned in the letter from the research group, they believe that the Consumer Price Index (CPI) is not an accurate way to measure inflation. The current CPI indicates inflation is at 4.95%, but the authors argue that the actual inflation rate could be twice as high as this reported figure.
According to a letter from the National Center for Public Policy Research, using BTC as a hedge against risk could help protect Amazon's $88 billion in cash and short-term cash equivalents from erosion and preserve shareholder value.
On December 6, 2024, the price of Bitcoin saw a 131% increase from the previous year, surpassing the average performance of corporate bonds by 126%. Over the span of five years, Bitcoin's price has risen by 1,246%, outpacing corporate bonds by 1,242% on average. The authors suggested that Amazon should consider allocating a minimum of 5% of its assets to Bitcoin in order to safeguard the value of its treasury assets, pointing to the successful Bitcoin treasury strategy implemented by MicroStrategy as a reference.
A suggestion made by shareholders to Amazon was sourced from Tim Kotzman and Dennis Porter.
MicroStrategy is able to overlook the price crash of Bitcoin in the bear market, dropping to $20K, according to research findings.
MicroStrategy is encouraging organizations to start implementing Bitcoin treasury strategies. The company, led by founder Michael Saylor, has played a significant role in popularizing this approach, which is now becoming more widely adopted by businesses and pension funds.
Based on information from the MicroStrategy Tracker, the value of the company's Bitcoin holdings exceeds $40 billion, resulting in a profit of around $17 billion for MicroStrategy.
The latest information on how well MicroStrategy is doing can be found in the MSTR Tracker.
MARA, a mining company that was previously called Marathon Digital, emulated MicroStrategy's actions by issuing a $1 billion convertible note with 0% interest due in November 2024. The company utilized the funds from this offering to acquire 6,474 Bitcoin to add to its corporate treasury.
Genius Group, a company specializing in Artificial Intelligence, made an announcement in November that they were converting their treasury assets into Bitcoin. They started accumulating Bitcoin for their treasury by buying 110 BTC at an average price of around $90,932 per coin.
Article: Meitu, a company often referred to as "China's MicroStrategy," has recently decided to sell off all of its Bitcoin and Ethereum holdings, as reported by Asia Express