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Will Amazon Buy Bitcoin? Shareholders Propose 5% Investment

  • Shareholders of Amazon.com, Inc. (NASDAQ: AMZN) have submitted a proposal urging the company to consider adding Bitcoin to its balance sheet.
  • The proposal emphasizes that Amazon's current treasury management may be insufficient in the face of ongoing inflation, and suggests that incorporating BTC as a treasury asset could serve the best long-term interests of shareholders.
  • The shareholders point to Bitcoin's historical returns and outperformance of corporate bonds to support their case.
  • The proposal also refers to other publicly listed companies holding BTC and the introduction of Bitcoin-focused investment products by institutional players.

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