📢 MicroStrategy's Michael Saylor suggests Amazon CEO Jeff Bezos buy $600 million in Bitcoin

According to James, Michael Saylor, co-founder and executive chairman of the publicly traded company MicroStrategy, which holds the largest amount of Bitcoin, suggested that Amazon founder Jeff Bezos could spend $600 million to purchase Bitcoin. This suggestion came amid rumors that Amazon would hold a wedding costing up to $600 million, sparking widespread discussion. 💰

Michael Saylor stated that $600 million can buy a lot of Bitcoin, and it is an effective tool against inflation.

The NCPPR proposal: The National Center for Public Policy Research (NCPPR) suggested that Amazon invest at least 5% of its assets in Bitcoin to combat inflation effects.

Morningstar analyst Dan Romanoff believes that Bitcoin may be a more useful inflation hedge than gold.

Oppenheimer analyst Jason Helfstein noted that holding Bitcoin instead of cash could lead to losses, as inflation has eased and interest rates remain relatively high.