2024

Bitcoin

Edge

Reserve

<div class="flex max-w-full flex-col flex-grow">
 <div class="min-h-8 text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words text-start [.text-message+&amp;]:mt-5" dir="auto" data-message-author-role="assistant" data-message-id="d61f58f7-ad1e-4306-939d-45f3a89c8c68" data-message-model-slug="gpt-4o-mini">
  <div class="flex w-full flex-col gap-1 empty:hidden first:pt-[3px]">
   <div class="markdown prose w-full break-words dark:prose-invert light">
    <h4><strong>It may seem like a big step, but more companies are viewing BTC as a safe, valuable asset.</strong></h4>
   </div>
  </div>
 </div>
</div>
<div class="mb-2 flex gap-3 empty:hidden -ml-2">
 <div class="items-center justify-start rounded-xl p-1 flex">
  <div class="flex items-center">
   The proposal suggests Bitcoin, or “digital gold,” could protect Amazon from inflation and economic instability. Bitcoin is seen as a way to protect money from losing its value.
  </div>
 </div>
</div>
<div>
 <div class="group/conversation-turn relative flex w-full min-w-0 flex-col agent-turn">
  <div class="flex-col gap-1 md:gap-3">
   <div class="flex max-w-full flex-col flex-grow">
    <div class="min-h-8 text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words text-start [.text-message+&amp;]:mt-5" dir="auto" data-message-author-role="assistant" data-message-id="49e5249a-615f-4258-a42e-125842b7e02a" data-message-model-slug="gpt-4o-mini">
     <div class="flex w-full flex-col gap-1 empty:hidden first:pt-[3px]">
      <div class="markdown prose w-full break-words dark:prose-invert light">
       <h5><strong>Amazon Could Gain an Edge by Adding Bitcoin to Its Reserves</strong></h5>
      </div>
     </div>
    </div>
   </div>
  </div>
 </div>
</div>
<p>The proposal is pretty bold. Amazon is one of the biggest companies in the world, and it has millions of customers. But the National Center for Public Policy Research believes that adopting Bitcoin could give Amazon an edge. By adding Bitcoin to its <a href="https://www.altcoinbuzz.io/?s=treasury+reserves" target="_blank" rel="noopener noreferrer nofollow">treasury reserves</a>, Amazon could diversify its assets and have a backup plan. This is if traditional money continues to lose value.</p>
<p>Instead of relying only on regular cash, Amazon could have some of its funds in Bitcoin. It might perform better if the economy takes a turn for the worse. If Amazon adopts Bitcoin, it would be following in the footsteps of other big companies like Tesla and <a href="https://www.altcoinbuzz.io/?s=MicroStrategy" target="_blank" rel="noopener noreferrer nofollow">MicroStrategy</a>.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">NEW: Amazon shareholder, The National Center for Public Policy Research, submits proposal for Amazon to adopt <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> as a treasury reserve asset. <a href="https://t.co/3vtNBKQxQf" rel="noopener noreferrer nofollow">pic.twitter.com/3vtNBKQxQf</a></p>
 <p>— Bitcoin Magazine (@BitcoinMagazine) <a href="https://twitter.com/BitcoinMagazine/status/1865897629130854561?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 8, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>These companies have already started putting BTC in their reserves, showing that the digital currency is being taken seriously by major businesses. However, this decision is not just about protecting the company’s money—it could also help Amazon lead the way in showing how Bitcoin can be used by large corporations.</p>
<h5><strong>More About Bitcoin as a Reserve Asset</strong></h5>
<p>Michael Saylor, the founder of MicroStrategy, recently made a presentation to <a href="https://www.altcoinbuzz.io/?s=Microsoft" target="_blank" rel="noopener noreferrer nofollow">Microsoft</a>, encouraging the tech giant to add BTC to its treasury reserves. Saylor argued that by converting some of its cash into Bitcoin, Microsoft could boost its market value by an impressive $1 trillion.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">JUST IN: Michael Saylor says “Microsoft could add $1 TRILLION to its of market cap by converting its cash to <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a>” <a href="https://t.co/n9bsYA0Seh" rel="noopener noreferrer nofollow">pic.twitter.com/n9bsYA0Seh</a></p>
 <p>— Bitcoin Archive (@BTC_Archive) <a href="https://twitter.com/BTC_Archive/status/1863956256794325395?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 3, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>He emphasized that BTC, often referred to as “digital gold,” could serve as a safe and valuable asset, helping Microsoft hedge against inflation and economic instability. Saylor’s bold suggestion highlights his belief in Bitcoin’s potential to drive significant growth for major companies.</p>
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener noreferrer nofollow"><img decoding="async" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1.jpg"></a></p>
<div class="youtube-embed" data-video_id="ZmZkhGqw3u0"><iframe title="HURRY! FLASH SALE! Are You Ready for the NEXT BIG Altcoin Buzz Opportunity? (Check Description)" width="696" height="392" src="https://www.youtube.com/embed/ZmZkhGqw3u0?feature=oembed&amp;enablejsapi=1" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
<h6><strong>Disclaimer</strong></h6>
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p>
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/amazon-shareholder-proposes-bitcoin-as-reserve-asset/" rel="noopener noreferrer nofollow">Amazon Shareholder Proposes Bitcoin as Reserve Asset</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

Amazon Shareholder Proposes Bitcoin as Reserve Asset

Altcoin Buzz

Other articles published on Dec 9, 2024

SushiSwap to Launch New Products in 2025, Including Kubo, Blade, and Susa

Ethereum Whale Transactions Spike: What It Means for ETH Investors

Bitrue joins forces with Babylon Labs to Launch Bitcoin Staking Dual Rewards Program

Forget Shiba Inu and Dogecoin; 1FUEL Is Poised to Be the Millionaire-Making Coin of 2025!

Trump’s New Crypto Advisory Committee Expected to Create U.S. Bitcoin Reserve: Report

Satoshi, Gates, Bezos and Bitcoin: Scottie Pippen Says He Saw It All in Dream

Join our free newsletter for daily crypto updates!