Investors urge the e-commerce giant to diversify its treasury with Bitcoin to hedge against inflation, following the example of MicroStrategy and Tesla.
Amazon shareholders are pressuring the tech giant to consider including Bitcoin in its balance sheet, a move that aligns with the trend of other major companies like Tesla. The proposal, put forward by the National Center for Public Policy Research (NCPPR), stems from the need to protect corporate wealth from inflation and maximize value for investors.
With assets worth $585 billion, including $88 billion in cash and bonds, shareholders believe Amazon should at least consider diversifying its reserves during the April 2025 shareholder meeting. Bitcoin, which saw a 131% growth in 2024, is viewed as a potential hedge against currency devaluation.
Some users on X have suggested that the company could start accepting bitcoin payments, a simple way to begin building a bitcoin reserve.
The precedent set by other companies strengthens this proposal: MicroStrategy, which has invested heavily in Bitcoin, has seen a significant increase in its stock price. Tesla and Block have also already integrated Bitcoin into their balance sheets.
Shareholders propose a gradual approach, initially allocating 5% of the company’s assets to Bitcoin.
A similar initiative is under consideration by Microsoft, which will vote on December 10 regarding the possibility of adopting a Bitcoin investment strategy.
