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Amazon shareholders have urged the company to invest at least 5% of its reserves in Bitcoin (BTC) to beat inflation and boost shareholder value, and cited the performance of Michael Saylor’s MicroStrategy.
“At minimum, Amazon should evaluate the benefits of holding some, even just 5%, of its assets in Bitcoin,” a shareholder <a href="https://nationalcenter.org/wp-content/uploads/2024/12/Amazon-Proposal.pdf" rel="noopener noreferrer nofollow">proposal</a> shared by the National Center for Public Policy Research (NCPPR) said.
<img decoding="async" src="https://www.denisonforum.org/wp-content/uploads/2024/12/AdobeStock_447912046_Editorial_Use_Only.webp" alt="What Bitcoin, Amazon, and a fentanyl bust have in common">
<h2 id="span-style-font-weight-400-amazon-shareholders-say-company-should-look-past-bitcoin-short-term-volatility-span">Amazon Shareholders Say Company Should Look Past Bitcoin Short-Term Volatility</h2>
While noting the high short-term volatility of Bitcoin’s price, the Amazon shareholders said in their proposal that the company has the “responsibility to maximize shareholder value over the long-term as well as the short-term.” 
Amazon can accomplish this by diversifying its balance sheet to include holdings in the leading crypto, according to the shareholders’ proposal.
At the end of the third quarter, Amazon had $585 billion in total assets, which included $88 billion in cash, cash equivalents and marketable securities. This mix of assets does not adequately protect shareholder value, the proposal argued.
The Amazon shareholders also highlighted the phenomenal performance of MicroStrategy’s stock (<a href="https://insidebitcoins.com/news/bernstein-raises-its-mstr-price-target-to-600-as-microstrategy-buys-another-55-5k-btc-for-5-4-billion" rel="noopener noreferrer nofollow">MSTR</a>) this year. In 2024, MSTR has soared over 500%, while Amazon’s stock only posted a 49% rise during the same period. MSTR has also outperformed gold and the S&amp;P 500 in the last 12 months.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Apple, Google, Amazon, Microsoft and these 10 companies hold $811 BILLION in cash. ZERO <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a>
 Every year cash loses purchasing power.
 They should buy a little ₿itcoin.
 "…in case it catches on". 😉 <a href="https://t.co/f6UfpAom1B" rel="noopener noreferrer nofollow">pic.twitter.com/f6UfpAom1B</a>
 — Bitcoin Archive (@BTC_Archive) <a href="https://twitter.com/BTC_Archive/status/1865862192706289667?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 8, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
MSTR’s performance comes after the flagship cryptocurrency surged more than 134% this year, piercing the psychological <a href="https://insidebitcoins.com/news/bitcoin-breaks-100k-for-the-first-time-in-history-after-donald-trump-nominates-pro-crypto-paul-atkins-for-sec-chair" rel="noopener noreferrer nofollow">$100K</a> barrier recently.
MicroStrategy is the world’s biggest corporate holder of Bitcoin. It holds 402,100 BTC worth about $39 billion.
<h2 id="span-style-font-weight-400-microsoft-shareholders-to-make-bitcoin-investment-decision-tomorrow-span">Microsoft Shareholders To Make Bitcoin Investment Decision Tomorrow</h2>
The NCPPR also submitted a similar proposal to software giant Microsoft from its shareholders. The company’s board has already urged the firm’s shareholders to reject the proposal. Meanwhile, Saylor gave a presentation earlier to Microsoft’s board about the benefits of investing in Bitcoin.
Now, Microsoft shareholders are scheduled to vote on the proposed diversification into BTC tomorrow during the company’s annual shareholder meeting.
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Amazon Shareholders Push For 5% Bitcoin Reserve Investment, Point To MicroStrategy Success

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