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.