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Amazon shareholders push for Bitcoin treasury allocation

  • A group of Amazon shareholders is urging the company to allocate at least 5% of its assets to Bitcoin as a financial hedge and value driver.
  • The proposal argues that Bitcoin can protect Amazon's cash and assets from inflation, citing its outperformance of corporate bonds and concerns about underestimation of actual inflation rates.
  • The shareholders believe that Amazon should evaluate Bitcoin as a treasury asset to enhance shareholder value and hedge against inflation without excessive risk.
  • Meanwhile, industry leaders have suggested that Amazon incorporate Bitcoin payments into its operations to build a Bitcoin reserve and promote crypto adoption among customers.

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