The National Center for Public Policy Research suggested that Amazon should consider creating a Bitcoin treasury, citing MicroStrategy's success in outperforming Amazon's stock by 537% with its Bitcoin investment strategy.
The National Center for Public Policy Research, a think tank in Washington DC that supports free markets, has proposed to Amazon Corp that they should consider a Bitcoin corporate treasury strategy at the shareholder meeting in April 2025.
In a letter from a think tank, it was mentioned that the Consumer Price Index (CPI) is not an accurate measure of inflation, as it currently shows inflation at 4.95%. The authors of the letter believe that the actual inflation rate could be twice as high as what the CPI suggests.
The letter highlighted the significant decrease in Amazon's $88 billion cash reserves and suggested using Bitcoin as a hedge to protect shareholder value. The National Center for Public Policy Research expressed this concern.
On December 6, 2024, the price of Bitcoin had risen by 131% compared to the previous year, surpassing the performance of corporate bonds by 126% on average. Over the last five years, Bitcoin's price had increased by 1,246%, outpacing corporate bonds by 1,242% on average. The authors suggested that Amazon should consider investing at least 5% of its assets in Bitcoin to safeguard the value of its treasury assets, using MicroStrategy's successful Bitcoin treasury strategy as an example.
A proposal has been presented to Amazon by shareholders. This information comes from Tim Kotzman and Dennis Porter.
MicroStrategy has the ability to overlook the price drop of Bitcoin in a bear market that could potentially reach $20,000, according to
MicroStrategy is encouraging organizations to consider incorporating Bitcoin into their treasury reserves. The company, along with its founder Michael Saylor, played a significant role in promoting the idea of companies and pension funds holding Bitcoin as part of their financial strategy.
Based on the MicroStrategy Tracker, the value of the company's Bitcoin holdings is currently more than $40 billion. This has resulted in MicroStrategy making a profit of around $17 billion.
The latest updates on how MicroStrategy is currently performing can be found in the MSTR Tracker.
MARA, a mining company previously called Marathon Digital, took inspiration from MicroStrategy and carried out a $1 billion convertible note offering with no interest due in November 2024. The company utilized the raised funds to buy 6,474 Bitcoin to add to its corporate treasury.
Genius Group, an Artificial Intelligence company, revealed in November that they had converted 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.
Magazine Asia Express reported that the company Meitu, often referred to as "China's MicroStrategy," has sold all of its holdings in Bitcoin and Ethereum.