A group of Amazon shareholders, represented by the National Center for Public Policy Research (NCPPR), has proposed that Amazon allocate at least 5% of its treasury assets to Bitcoin. They argue that Bitcoin offers protection against inflation and provides an alternative to cash and short-term assets that depreciate over time.
The shareholders stress that even a 5% allocation could potentially improve shareholder value and strengthen Amazon’s financial portfolio.
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<p>The post Shareholders urge Amazon to invest 5% of treasury assets in Bitcoin for hedge against inflation. first appeared on CoinBuzzFeed.</p>
