Artificial Intelligence

Bitcoin

MSTR

April

Genius

The National Center for Public Policy Research — a Washington DC-based think tank championing free markets — submitted a shareholder proposal to Amazon saying that a Bitcoin corporate treasury strategy should be considered at the April 2025 shareholder meeting.
According to the proposal, the Consumer Price Index (CPI) used to measure inflation, which currently puts inflation at 4.95%, is a “remarkably poor measure” of true currency debasement. The authors suggested the true inflation rate may be double the reported CPI figure.
This greatly erodes Amazon’s $88 billion in cash and short-term cash equivalents, the letter said, and to protect shareholder value, Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="null" target="null" text="null" title="https://cointelegraph.com/bitcoin-price">BTC</a>) should be used to hedge against this risk. The National Center for Public Policy Research wrote:
<blockquote>
 "As of December 6, 2024, the price of Bitcoin increased by 131% over the previous year, outperforming corporate bonds by 126% on average. Over the past five years, the price of Bitcoin increased by 1,246%, outperforming corporate bonds by 1,242% on average."
</blockquote>
The authors concluded by proposing that Amazon allocate at least 5% of its assets to Bitcoin to protect the value of its treasury assets, citing MicroStrategy’s success with its <a data-ct-non-breakable="null" href="https://cointelegraph.com/explained/bitcoin-on-corporate-balance-sheets-whats-the-risk-and-reward" rel="null" target="null" text="null" title="null">Bitcoin treasury strategy</a>.
<figure>
 <img alt="Amazon, MicroStrategy" src="https://s3.cointelegraph.com/uploads/2024-12/0193a83e-58a2-7eac-ad0b-be8cca0b6ed3" title="">
 <figcaption style="text-align: center;">
 The shareholder proposal to Amazon. Sources: <a data-ct-non-breakable="null" href="https://x.com/TimKotzman/status/1865832907597807992" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/TimKotzman/status/1865832907597807992">Tim Kotzman</a>, Dennis Porter
 </figcaption>
</figure>
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/microstrategy-can-ignore-bitcoin-bear-market-price-crash-20k" rel="null" target="null" text="null" title="null">MicroStrategy can ignore Bitcoin bear market price crash to $20K — Research</a>
<h2 id="microstrategy-inspires-organizations-to-adopt-btc-treasury">MicroStrategy inspires organizations to adopt BTC treasury</h2>
MicroStrategy and founder Michael Saylor popularized the corporate Bitcoin treasury strategy that is now gaining traction among companies and pension funds.
According to the MicroStrategy Tracker, the company’s Bitcoin holdings are currently worth over $40 billion, putting MicroStrategy at <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/microstrategy-bitcoin-buys-profit" rel="null" target="null" text="null" title="null">about $17 billion in profit</a>.
<figure>
 <img alt="Amazon, MicroStrategy" src="https://s3.cointelegraph.com/uploads/2024-12/0193a83f-5f21-710f-9d4d-84c756362478" title="">
 <figcaption style="text-align: center;">
 MicroStrategy’s current performance. Source: <a data-ct-non-breakable="null" href="https://www.mstr-tracker.com/" rel="nofollow noopener" target="_blank" text="null" title="https://www.mstr-tracker.com/">MSTR Tracker</a>
 </figcaption>
</figure>
Mining company MARA, formerly known as Marathon Digital, followed MicroStrategy’s lead and completed a $1 billion convertible note offering at 0% interest in Nov. 2024. MARA used the funds to <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/mara-purchases-6-474-bitcoin-convertible-notes-offering" rel="null" target="null" text="null" title="null">purchase 6,474 Bitcoin</a> for its corporate treasury.
Artificial intelligence firm Genius Group in November announced the <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/genius-group-stocks-up-treasury-with-110-bitcoin-for-10-million" rel="null" target="null" text="null" title="null">conversion of its treasury assets into Bitcoin</a>. The company kicked off its BTC treasury accrual by purchasing 110 BTC at an average price of $90,932 per coin.
Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/bitcoin-100k-china-microstrategy-coinbases-stablecoins-asia-express/" rel="null" target="null" text="null" title="null">‘China’s MicroStrategy’ Meitu sells all its Bitcoin and Ethereum: Asia Express</a>

National Center for Public Policy Research proposes BTC treasury to Amazon

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