"Amazon Shareholders Urge Company to Invest 5% of Assets in Bitcoin for Inflation Protection"
Amazon shareholders, in a proposal from the National Center for Public Policy Research, are advocating for the company to allocate at least 5% of its assets into Bitcoin (BTC). The proposal emphasizes that Amazon has a fiduciary responsibility to enhance long-term shareholder value and that Bitcoin, despite its volatility, offers stronger inflation protection compared to traditional assets like cash and bonds. Citing the success of companies such as MicroStrategy and Tesla, the proposal argues that Amazon should explore Bitcoin’s potential to outperform bonds. With $88 billion in cash and bonds, Amazon's current asset mix is seen as insufficient for safeguarding shareholder value against inflation.
