US think tank National Center for Public Policy Research proposes to Amazon to establish a Bitcoin Treasury

PANews reported on December 9 that according to Cointelegraph, the National Center for Public Policy Research in Washington, DC, a think tank advocating a free market, has submitted a shareholder proposal to Amazon, advocating the consideration of Bitcoin as a corporate treasury strategy at the shareholders' meeting in April 2025. The proposal reads: "At a minimum, Amazon should evaluate the benefits of holding part of its assets (even if only 5%) in the form of Bitcoin."

The think tank pointed out in the letter that the current US consumer price index (CPI) for measuring inflation is 4.95%, but this indicator is "extremely bad" in measuring the real depreciation of currency. The author believes that the real inflation rate may be twice the CPI reported figure; this has greatly eroded Amazon's $88 billion in cash and short-term cash equivalents. In order to protect shareholder value, Bitcoin should be used to hedge this risk.

The think tank wrote: "As of December 6, 2024, the price of Bitcoin has increased by 131% year-on-year, outperforming corporate bonds by an average of 126%. Over the past five years, the price of Bitcoin has increased by 1,246%, outperforming corporate bonds by an average of 1,242%."

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
11 hour ago
11 hour ago
11 hour ago
13 hour ago
16 hour ago
18 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读