The National Center for Public Policy Research has suggested that Amazon should consider creating a Bitcoin treasury, pointing to the significant outperformance of MicroStrategy's stock compared to Amazon's stock, which was attributed to MicroStrategy's Bitcoin strategy.
The National Center for Public Policy Research, located in Washington DC, is advocating for free markets. They have sent a proposal to Amazon Corp, suggesting the consideration of a Bitcoin corporate treasury strategy at the shareholder meeting in April 2025.
The think tank's letter criticized the Consumer Price Index (CPI) as an inaccurate measure of inflation, claiming that the actual inflation rate could be as high as double the reported 4.95%.
The National Center for Public Policy Research suggested that using Bitcoin as a hedge against risk could help protect Amazon's $88 billion in cash and short-term cash equivalents. This would prevent any erosion of shareholder value.
On December 6, 2024, the price of Bitcoin had risen by 131% compared to the previous year, surpassing the average performance of corporate bonds by 126%. In the last five years, Bitcoin's price had increased by 1,246%, outperforming corporate bonds by an average of 1,242%. The authors suggested that Amazon should consider investing at least 5% of its assets in Bitcoin to safeguard the value of its treasury assets, citing the successful Bitcoin treasury strategy implemented by MicroStrategy.
The suggestion from shareholders to Amazon was sourced from Tim Kotzman and Dennis Porter.
New research suggests that MicroStrategy may be able to overlook the price crash of Bitcoin to $20,000 despite the bear market.
MicroStrategy encourages businesses to start using Bitcoin as part of their treasury strategy. The company's founder, Michael Saylor, played a key role in promoting this approach, which is now becoming more popular among corporations and pension funds.
As per the data from the MicroStrategy Tracker, the value of the company's Bitcoin holdings is now more than $40 billion, which has resulted in a profit of around $17 billion for MicroStrategy.
The present state of MicroStrategy's performance can be found in the MSTR Tracker.
MARATHON Digital, now called MARA, decided to do a $1 billion convertible note offering in November 2024, with no interest. Following the example set by MicroStrategy, MARA used the raised funds to buy 6,474 Bitcoin to add to its corporate treasury.
Genius Group, a company specializing in Artificial Intelligence, made an announcement in November about converting its treasury assets into Bitcoin. They started this process by purchasing 110 BTC at an average price of around $90,932 per coin.
Magazine Asia Express reported that Meitu, known as "China's MicroStrategy," has sold all of its Bitcoin and Ethereum holdings.