The National Center for Public Policy Research suggested that Amazon should consider creating a Bitcoin treasury, pointing out that MicroStrategy's stock performed significantly better than Amazon's due to its Bitcoin strategy.
The National Center for Public Policy Research, a think tank located in Washington DC that supports free markets, has proposed to Amazon Corp that they consider implementing a Bitcoin (BTC) corporate treasury strategy at their shareholder meeting in April 2025.
As stated in the letter from the research group, the Consumer Price Index (CPI) is a flawed method for measuring inflation, as it currently shows inflation at 4.95%. The authors of the letter believe that the actual inflation rate may be twice as high as the CPI suggests.
The letter mentioned that using BTC as a hedge against the risk of inflation would help protect Amazon's $88 billion in cash and short-term cash equivalents. The National Center for Public Policy Research emphasized the importance of safeguarding shareholder value.
By December 6, 2024, the price of Bitcoin had gone up by 131% from the previous year, surpassing the performance of corporate bonds by an average of 126%. Over the last five years, the price of Bitcoin had increased by 1,246%, outperforming corporate bonds by an average of 1,242%.
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. They also mentioned the success of MicroStrategy in implementing a Bitcoin treasury strategy.
A proposal from shareholders has been submitted to Amazon. This information is based on reports from Tim Kotzman and
MicroStrategy has the ability to overlook the price crash of Bitcoin in a bear market, even if it drops to $20,000,
MicroStrategy is encouraging organizations to consider adopting Bitcoin as part of their treasury reserves. The company, along with its founder Michael Saylor, promoted the idea of holding Bitcoin in corporate treasuries, a strategy that is gaining interest among various companies and pension funds.
Based on the MicroStrategy Tracker, the value of the company's Bitcoin holdings is currently exceeding $40 billion, resulting in a profit of around $17 billion for MicroStrategy.
The current performance of MicroStrategy. (Source: MSTR Tracker)
MARATHON, a mining company previously named MARA, took inspiration from MicroStrategy and raised $1 billion through a convertible note offering with zero interest by November 2024. The company used this capital to acquire 6,474 Bitcoin to add to its corporate treasury.
Genius Group, a company specializing in Artificial Intelligence, made a decision in November to convert its treasury assets into Bitcoin. They began this process 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 sold off all of its Bitcoin and Ethereum holdings. This news was reported by Asia Express